The Nike Air Max Penny 1 is a collaboration between Nike and Anfernee Deon "Penny" Hardaway, a college basketball coach and former player. This is the first signature sneaker released by Penny Hardaway with Nike. This shoe features a dark colorway of Black, Anthracite, Faded Spruce, and Dark Pony, which presents as black with burgundy details. The upper is made of durable mesh, leather, and suede detailing. The lateral side of the shoe boasts a jewel Swoosh in a transparent, blue tone. Black midsoles dominate the bottom of the shoe and contribute to its stealthy, sleek appearance. The sneaker also houses a semi-visible Air Max unit in the heel. The dual-branding on the shoe includes Penny Hardaway’s ‘1 cent’ logo on the heel and a subtle Swoosh on the tongue. The Nike Air Max Penny 1 was released on October 29, 2022, and retailed at $180.