Earlier this year Nike bestowed upon us once again the Nike Air Penny III in its classic royal blue colorway. Orlando Magic fans and players alike were quick to rock a pair of these on and off the court. In the summer of 2010, however, fans of the Penny III’s might have two new colorways to choose from. The first pair pictured here comes in a predominantly red colorway with white and black accents. A second pair that will hopefully drop consists of a predominantly purple colorway also with white and black accents sure to appease fans of purple, like yours truly. Keep your fingers and whatever else you can crossed if you too hope that Nike in fact comes out with these in the summer of 2010.

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Nike has already gave early Christmas gifts to many stores and those anticipating their 2009 collection and the Air Penny III (3) has just been delivered to Vault. This Air Penny III sports a black and varsity royal colorway reminiscent of his Orlando Magic days. The sneakers consist primarily of black with accents of varsity royal on the sole and heel tab. Get your pair before scheduled release at Vault and stay on the look out for other colorways of the Air Penny III available starting next year.

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As many eagerly wait on the release of the third Penny Hardaway sneaker, we get a closer look at next years model. This Air Penny III (3) consists of white on the upper and varsity royal and black accents, following the common Orlando Magic theme despite a few exceptions. You can expect to see the Air Penny III in-stores next March. Check out the pictures after the jump for a full detailed view of the Air Penny III. Via Sole-Locker.

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2009 will see a myriad of popular retros with one in particular being the Nike Air Penny III (3). The Air Penny III will consist of black and varsity royal color-way while others original color-ways will follow. Although the Air Penny III isn’t scheduled to release next year, but if you want these Penny’s before anyone else check with Marquee Sole for your size.

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Coming out of the Nike vault is the retro edition of the third Penny Hardaway sneaker, the Air Penny III (3).

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