The Nike Air Foamposite One Olympic is a sneaker released in honor of the Summer Olympics held in Rio de Janeiro, Brazil. It features a Foamposite upper with Metallic Red, white, and obsidian accents, representing the colors of the United States Olympic Team. The design includes a carbon fiber midfoot shank and a translucent sole with a red, white, and blue speckled design. The Foamposite tongue adds comfort. Released on July 26, 2016, at a retail price of $250, it commemorates the 2016 Olympic Games. The Nike Air Foamposite One PRM ‘Olympic’ is a special edition colorway with an obsidian nubuck/mesh upper and a translucent white Foamposite shell, complemented by a red inner liner, an ice-blue translucent outsole, and metallic gold Penny Hardaway ‘1Cent’ branding on the heel.