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Kawhi Leonard New Balance OMN1S & 997S Are Doing Better Than I Thought

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A few days ago I made the following statement when asked to comment on Footwear News’s article about Kawhi’s New Balance signature shoes,

I didn’t get a chance to read the post but it’s going to take more than a game winning shot to get guys to buy into the Kawhi b-ball shoe. A lot of controversies have surrounded the brand and for people to make that transition will take a lot more than just Kawhi. As much as I hate how much Nike b-ball shoe dominates the market , I can hardly see myself balling in a pair of new balance shoe ( making that paradigm shift is hard ).. the only reason why I wear curry sneakers for b-ball purpose is because I can get em from Ross for $29.99 and under. So I think Kawhi alone isn’t a sufficient catalyst at this point

I wish I could erase everything I said above because it was purely subjective. I violated one of my fundamental rules-“don’t say dumb things” , I say that to my kids every time and here I am making a comment prior to doing any scouting on Kawhi’s signature shoes. This morning I took to eBay the data I collected blew my mind. Third party marketplaces are probably the best way to evaluate the performance of most commodities in the market. Let’s start with eBay’s data first

OMN1 Sales’s record via eBay

Kawhi OMN1 NUMBER OF PAIRS SOLD VIA EBAY

997s Sales’s record via eBay

997's sales record via ebay

I’m sure the obvious comment from most people after seeing these records is going to read like this,

Well, the shoes were limited so why is their current market value a surprise???

I don’t know how many pairs were introduced in the market but the BIG SURPRISE lies in the fact that these were BASKETBALL shoes. That makes the difference and that’s what is astonishing to me that folks are actually willing to fork out three times the suggested retail price to get their hands on a New Balance Basketball signature shoe. The retail price was $140 for each model and the OMN1 has a current average value of $454.13 ( that’s a 224.29% mark up). I do want to include the fact that there was an outlier ( at $698 for a size 11). But even if we remove the outlier, our average market value is still $354.29 ( a 152.86% mark up) which is still very high. I don’t know what is causing folks to gravitate towards Kawhi’s signature shoes but whatever marketing strategy New Balance is using is working- ” if it ain’t broke , don’t fix it”. 

Chris wrote a post about this shoe prior to its release date and I’ll encourage you to read it in its entirety, see link below

The Kawhi Leonard OMN1S and 997 Sport Pack Dropped | Behind the Numbers After 2 Days

New Balance 997 Sport White Ozone Blue Men Lifestyle Sneakers gym kawhi MS997JHB

$105.00
End Date: Sunday Sep-22-2019 9:35:16 PDT
Buy It Now for only: $105.00
Buy It Now | Add to watch list

NEW BALANCE KAWHI LEONARD LA CLIPPERS OMN1S Special Edition Size 13.5 IN HAND

$480.00
End Date: Sunday Sep-29-2019 11:04:09 PDT
Buy It Now for only: $480.00
Buy It Now | Add to watch list

New Balance 997 Sport White Purple Men Lifestyle Sneakers running kawhi MS997JHA

$90.00
End Date: Sunday Sep-22-2019 9:35:41 PDT
Buy It Now for only: $90.00
Buy It Now | Add to watch list

New Balance Kawhi Leonard OMN1S Basketball Sneaker BBOMNXGD GREY DAY Size 13

$499.99
End Date: Sunday Oct-13-2019 7:07:35 PDT
Buy It Now for only: $499.99
Buy It Now | Add to watch list

New Balance OMN1S Kawhi Leonard 2-Way Pack

$500.00 (0 Bids)
End Date: Tuesday Sep-24-2019 17:25:04 PDT
Buy It Now for only: $800.00
Buy It Now | Bid now | Add to watch list

New Board Man Gets Paid New Balance T-Shirt | Kawhi Shirt Gildan "Ultra Cotton"

$16.00
End Date: Friday Oct-4-2019 6:38:42 PDT
Buy It Now for only: $16.00
Buy It Now | Add to watch list

MUST SEE NEW BALANCE KAWHI LEONARD BOARD MAN GETS PAID SHIRT MEN M

$14.99 (0 Bids)
End Date: Saturday Sep-21-2019 13:53:45 PDT
Bid now | Add to watch list

MUST SEE NEW BALANCE KAWHI LEONARD BOARD MAN GETS PAID SHIRT MEN S

$14.99 (0 Bids)
End Date: Saturday Sep-21-2019 13:48:18 PDT
Bid now | Add to watch list

New Board Man Gets Paid New Balance T-Shirt | Kawhi Shirt Gildan "Ultra Cotton"

$18.00
End Date: Friday Oct-4-2019 6:38:42 PDT
Buy It Now for only: $18.00
Buy It Now | Add to watch list

New Balance 997s Kawhi Size 14 Mens Brand New Sold Out

$299.99
End Date: Thursday Sep-26-2019 10:53:24 PDT
Buy It Now for only: $299.99
Buy It Now | Add to watch list

New Balance x Kawhi Leonard OMN1S Grey Day Size 13.0 - BBOMNXGD Limited #/1000

$275.00
End Date: Saturday Oct-12-2019 13:59:55 PDT
Buy It Now for only: $275.00
Buy It Now | Add to watch list

tayib salami

My Name is Tayib Salami and I'm the founder of Housakicks. The platform is part of a Network made up of 2 websites ( Housakicks.com and Tayibs.com) operated by Tayib Salami who creates content that delivers Eternal Value to the sneaker community and mankind in general . I have spent a lot of time writing projections on sneakers as far as the retail market is concerned. I also educate my audience on ways to identify fake/ replica sneakers. Thenetwork covers a variety of sneaker related topics
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