[Update 3 Aug 2023] The Nike Air Foamposite One “Metallic Red” will finally be released in Japan on 11 August for 33,000 JPY. Nevertheless, they’re available now on the SNKRDUNK App where you can also see more colorways.

[Update 27 Jun 2023] The wait is almost over. The Nike Air Foamposite One “Metallic Red” will finally hit Nike’s brick-and-click on 6 July. In addition, they’ll also arrive in full-family sizing with the men’s pair going for US$240; GS, US$190; PS, US$105; and TD for US$80. Go get yours then!

[Update 11 Apr 2023] Official product images have arrived for the “Metallic Red” Penny signature. Perhaps, the only update left to make is the release date. Stay tuned!

[Update 1 Sep 2022] Scheduled for a 2023 Summer comeback release, it’s been confirmed that the Nike Air Foamposite One “Metallic Red” will drop in Full Family Sizing. Prices are US$75 for TD, US$100 for PS, US$180 for GS and US$230 for Men’s adult sizing. Keep scrolling for more on this pair of Penny Hardaway’s signature sneaker.

Nike has been pushing out retro basketball models from its archives including a couple of Penny Hardaway’s signature shoes. Next on the list is the futuristic Nike Air Foamposite One “Metallic Red” that was last seen in 2017.

The first Nike Air Foamposite was originally released in 1997 and, at the time, revolutionized the sneaker game with its otherworldly design and how it was made—by pouring synthetic liquid into a mold. In 2017, Nike retro-ed the Air Foamposite One in a Metallic Red colorway in celebration of the sneaker’s 20th anniversary. Now, the rumor mill has it that the Swoosh will be bringing back this legacy basketball sneaker again in the Summer of 2023.

The Nike air Foamposite One Metallic Red features the titular “Varsity Red” color on its metallic Foamposite shell, which wraps around an upper made of black mesh and nubuck. Penny’s signature “1 Cent” logo appears on the heel, tongue, and translucent outsole. Above the outsole, lays a piece of carbon fiber plate.

The 2023 edition of the Nike Air Foamposite is reportedly going to be priced at US$230. Follow along as we bring you more release updates and photos.

In other sneaker-related news, check out this unusual surf-inspired collection from Vans.