Elite Baseball is a travel organization, they also seem to run showcases, including an academic showcase in November:
It seems to cost $300, and has a small but nice list of colleges. If these colleges are of interest to your son, and he can play at that level, then it could be a good use of money. D3 schools recruit the summer after junior year and through senior year, so you would want the timing to be right. Also, you should contact the schools before the showcase, to ask if they are recruiting your son's position in his class, and so they know who he is before the showcase.
If this is some kind of summer showcase/travel team within the larger organization, then you would want to know (a) where they will be playing, (b) what level your son projects to, and whether this is right for him, and (c) who will be the coach/recruiting person for the team, and what they know about schools that he is interested in.
Honestly, I think most high academic parents on this site would say that their son's recruiting was done individually at showcases or school camps, and not via a summer team. But, it could work if the team has a person with contacts and suitable schools.