The Nike Air Penny 3 LE Varsity Royal/Black hits House of Hoops locations this Saturday, July 23rd.

The Nike Air Penny 3 was originally released as a follow-up to the Foamposite One in the Penny Hardaway line. The rippled shell on the upper calls back to its Foam roots, while the rest of the upper is varsity royal nubuck. The collar sports rip-stop mesh piecing and everything is held together with white contrast stitching.