2011 is already shaping up to be a worthy follow-up to 2010’s monster release, with the confirmation of the Air Jordan XI ‘Concord’, Air Jordan III in both Black and White, and various other new Retro colorways. One such newbie is this Air Jordan V Retro, featuring a white patent leather upper with navy blue and varsity red trim. The midsole features a nice Olympic-like combination of Obsidian and Varsity Red with trademark AJ5 details like the translucent outsole and the 3M oversized tongue. 2011 could be deemed be the ‘Year of the V’ with this new colorway along with the Wolf Grey and OG Black/Metallic Silver – and don’t forget the rumored release of the ‘Grape/Laney’ Pack. What do you think about the ‘Olympic’ Air Jordan V? Check out the extra shot after the jump and let us know your thoughts. via TSG.