The Nike Lebron 8 Space Jam is officially releasing on July the 23rd and retails for $200. Nike is releasing this iteration of the Lebron 8 silhouette to commemorate the release of the latest Looney Tunes film, Space Jam Legacy. Bugs Bunny designs can be found on the side of the uppers, while animated representations of King James and Bugs playing basketball can be found on the heels. I’m sure the shoe will be released in extremely limited numbers and I wanted to crack at figuring out how many pairs could be released. Let’s get a count of the stockists allocated an inventory:
So far these are the only confirmed locations. We can establish our assumptions and run our numbers really quick.
- Footlocker will receive about 40% of the inventory
- All the other retailers will split the remaining 60%
Here is the list of footlockers allocated an inventory:
Christiana ( Newark), West 34th ST (NY), Broadway ( NY), Fulton ST ( NY), E Fordham RD (NY), Roosevelt FD ( Garden City), Cherry Hill, Leigh Vally, King Prussia, Greenbriar ( ATL), Los Cerritos, Arden Fair, Hollywood, Cumberland, Perimeter ML, Stonecrest, Mall of GA, River OAK, Holyoke Mall, Fairlane CTR, Franklin PK, Town East ML, Parks, Easton TC, Southpark ML.
I counted about 26 footlocker stores. Now we need to figure out how many pairs each store is going to receive. That’s the hardest part, so let’s assume that each location receives a total of 48 pairs.
Footlocker’s total = 26 x 48 pairs=1248 pairs
We assume that this number represented about 40% of the total inventory so the Grand total will be,
Total= 1248 x 2 + (1248/2)= 3120 pairs . I will conclude that the total number of pairs made will be anywhere between 3000 pairs and 5000 pairs
PS: As you all know, I always have to add this disclaimer because every single projection that I make is purely based on assumptions that I have set. It is meant to give you an idea of what to expect, I don’t work any of these brands/retailers I mentioned and have no access to their numbers. I’m only using what is available to create plausible assumptions.
The chart above gives you a breakdown of the average resale value by day since July the 18th. Obviously the shoe is trending down and can be summarized by the logarithmic model with equation:
Resale value= $353- 78.5 ln( t= time elapsed since july 18).
The average resale value projected by July 23rd based on the model is : $353-78.5 ln (5)= $226
This might not be totally accurate but I think the overall resale value of the shoe will sit within the $230-$300 range. You won’t make any homeruns on this shoe for a long time.
Where To Buy it Right Now
Nike LeBron 8 ‘Space Jam’
- Release Date: 2021-07-23
- Style Code:DB1732-001
- Color:Black / Black / White / Multi Color
You can buy it now on eBay from our featured sellers via authenticity guaranteed, CLICK HERE
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