Seems like the Nike Air Pegasus ’92 is returning once again next summer or spring of 2011. With the Nike Air Pegasus ’89 dropping last year, its about time the Pegasus ’92 sees a release. The Pegasus ’92 has a upper made up of suede and nylon along with a two tone midsole and a synthetic heel plate. A legendary shoe hitting store selves next spring/summer, expect these to sell and with two colorways dropping, which one will you be picking up? More pics of the Nike Air Pegasus ’92 in both colorways can be seen after the jump. via LimitedEditions.