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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 Jul-21-2019 9:35:16 PDT
Buy It Now for only: $105.00
Buy It Now | Add to watch list

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

$105.00
End Date: Sunday Jul-21-2019 9:35:41 PDT
Buy It Now for only: $105.00
Buy It Now | Add to watch list

New Balance OMN1S Kawhi Leonard Special Edition LA Clippers Size 12.5 Pre-order

$599.99
End Date: Tuesday Aug-13-2019 13:22:37 PDT
Buy It Now for only: $599.99
Buy It Now | Add to watch list

New Balance 990v5 Kawhi Leonard 'Championship Pack' 12 Toronto Raptors Limited!

$450.00
End Date: Tuesday Aug-20-2019 12:18:38 PDT
Buy It Now for only: $450.00
Buy It Now | Add to watch list

IN HAND!!! New Balance OMN1S Kawhi Leonard Special Edition LA Clippers Size 9.5

$799.00
End Date: Thursday Aug-15-2019 12:31:54 PDT
Buy It Now for only: $799.00
Buy It Now | Add to watch list

New Balance OMN1S Kawhi Leonard 2-Way Size 12 

$700.00
End Date: Thursday Jul-25-2019 18:58:21 PDT
Buy It Now for only: $700.00
Buy It Now | Add to watch list

NEW BALANCE KAWHI LEONARD LA CLIPPERS OMN1S Special Edition Size 11 SALE 🔥🔥

$399.00
End Date: Tuesday Aug-20-2019 11:00:43 PDT
Buy It Now for only: $399.00
Buy It Now | Add to watch list

New Balance 997 x Kawhi Leonard | NBA Championship Pack (Size 10US) *IN HAND*

$500.00
End Date: Friday Jul-26-2019 15:24:37 PDT
Buy It Now for only: $500.00
Buy It Now | Add to watch list

New Balance 990v5 Championship Pack Sz 7.5 Kawhi Leonard

$300.00
End Date: Tuesday Aug-13-2019 4:15:00 PDT
Buy It Now for only: $300.00
Buy It Now | Add to watch list

NEW BALANCE KAWHI OMN1S Special Edition Size 1BBOMNXCL

$499.99
End Date: Wednesday Aug-7-2019 17:32:30 PDT
Buy It Now for only: $499.99
Buy It Now | Add to watch list

New Balance Kawhi Leonard Toronto Raptor Championship Pack 997 Size 7.5 IN HAND

$300.00
End Date: Monday Aug-12-2019 18:14:09 PDT
Buy It Now for only: $300.00
Buy It Now | Add to watch list

tayib salami

My Name is Tayib Salami and I'm the founder of Housakicks. I'm part of the AHN network dedicated to providing our audience with more in depth information on sneakers . 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. The AHN network covers a variety of sneaker related topics
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