The first release of the Bait x Asics collaboration is the Blue Ring Gel-Lyte III.
For those that missed our previous posts, Bait and Asics will release 5 models with each inspired by the Olympic Rings, the pair shown is known as the Blue Ring.
The Blue Ring Bait x Asics Gel-Lyte 3 uses synthetic leather on the uppers, 3M on the side-panel (one side in blue, the other in red). 3M also wraps the eyelets and on the heel. The tongue actually has two sides overlapping each other in blue and red. Last but not least the insole features metallic gold with a blue Asics logo.
Originally released at BaitMe.com on July 27th 2012 and sold out in hours. You can stop by PickYourShoes.com to see if they have your size, but limited quantities are available for $129.99.