Airlines do not mark prices up on a calendar day. They sell seats in groups of fare levels, and as a flight fills, the cheaper levels close. In the final two weeks, the seats that remain are usually the expensive ones, and they are priced for business travelers who have no choice about the date.
That is why a flight that cost $140 a month ago can cost $380 five days before departure. It is not a penalty for being late, it is simply what is left. The exception is a flight that has not sold well, where an airline will sometimes cut prices close in to fill it, and that is where the good last-minute deals come from.
