It looks like a hotfix has been pushed to make the Upper Karazhan ring, Ring of Collapsing Futures, scale with Item Level. This should be a buff at most item levels!
Edit (3:28 PM PST): Thanks to Kojiyama from SimC for correcting the original value of the ring. The article has been updated.
Season 4 Mythic+ Guide
Ring of Collapsing Futures
The Ring of Collapsing Futures ring from Upper Karazhan had its proc hotfixed to now scale with Item Level.
