Nike Sportswear plans to honor the D.C., Maryland, and Virginia region with its upcoming release of the “DMV” Nike Air Foamposite One in Holiday 2024. This exclusive shoe celebrates the area's culture and heritage, offering a unique experience for local sneaker enthusiasts.

Here's why Foamposites are so expensive. With a $750,000 price tag on the mold alone, it's easy to see why the price of the Foamposite is so steep—especially once the cost of labor, packaging, shipping, or marketing, and margins are added in.

While the technology was implemented in further models across the years, Foamposite was slowly phased out as Nike developed modern innovative technologies such as Flyknit.

Originally, Bulls star Scottie Pippen was supposed to be the player to step into the first Nike Air Foamposite Ones. Instead, the revolutionary basketball shoes ended up on Orlando Magic legend Penny Hardaway, who was in his playing prime and dominating the hardwood in the mid-90s.