November 26, 2012 BY John Kim
The debut release of the Nike Air Penny V was in a special red/black/white colorway that paid tribute to Penny’s High School, so one could surmise that a ‘Memphis’ version would be on the way. Turns out this Royal/Black/White colorway we saw not long ago is indeed that Memphis Tigers package, complete with school colors and Tiger-stripes on the midsole and upper. Is this the best Penny V colorway you’ve seen, or does that distinction belong to another release? A detailed gallery awaits you below so click through and stay tuned to Sneaker News for release information and updates.