While this pandemic can deprive us of the NBA championship playoffs, it can’t deprive us of the latest sneakers. After the release of the Lebron 17 Graffiti just a couple weeks ago, Nike is set on releasing the Lebron 17 Low Multicolor on June 15th for a retail price of $160.
Initially set to release in mid-May, the sneaker was pushed back probably due to supply chain restrictions. However, we finally have a release date and if you want to figure out whether this is a Cop or a Drop – make sure that you sign up below and also check out our cook group for key insider information.
Sneaker reselling is estimated to reach a valuation of $1 Billion by 2025. Just imagine the opportunities that lie therein. We have created the ultimate playbook for you to start your business. But more on this later.
For starters, let’s see how the Lebron 17 Lows have performed in the market this year.
Feel free to skip to the end to read a summarized version of the entire article and find out the resale price of the Nike Lebron 17 Low Multicolor.
Featuring an off-white/cream upper finished with a grey Nike swoosh, the Low Easter was released on the 16th of May, 2020 for a retail price of $160. One of our writers covered the Nike Lebron 17 Low Easter and predicted that it wouldn’t sell well.
To say that our writer was right is an understatement. The Low Easter only had a single sale on StockX and the Bids section show that buyers aren’t willing to pay even the retail price.
The Lebron 17 Low Easter was quite frankly a flop in the resale market. Moving on to the next one.
Nike LeBron 17 Low Lakers
Paying homage to James’ current team – the Los Angeles Lakers – this Lebron 17 Low comes dressed in a completely white upper with a purple outlined Nike swoosh and a yellow outer sole. These 17 Low were released in May 2020 for a retail value of $170.
A total of 145 resales have taken place on StockX and there have been great fluctuations throughout the period. The peak resale was $300 and the lowest was at $145. However, the average price has remained profitable at a price of $189.
As the moniker states, this Lebron 17 Low comes in a black and white upper with a gold outline swoosh. The shoe looks extremely well-crafted and the color combination is exquisite. However, unfortunately, the Lebron 17 Low White Metallic Gold did not perform well in the resale market.
The resale value has been, on average, around $130. With a resale value of $170, that’s a flop!
The bred colorway is one of the most classic and fan-beloved in the Nike basketball line-up. However, for this Lebron 17 Low, even the bred colorway couldn’t save it from its flop destiny.
The resale value on this 17 Low has been nothing short than disappointing. A peak resale value of $365 early on may have inflated fans’ expectations but then the bubble popped and there was a sharp decline in the resale value.
The average resale price is circling around $131 and on a retail price of $170, that is just not what we’re looking for as resellers.
Now back to our item of attraction. The Lebron 17 Low Black White comes in a completely black upper with a white outline Nike swoosh on the laterals. We see small blue swooshes on the midsole.
Along with this, on the right heel, we see an “LJ” logo in blue and white with a white crown on top. And on the left heel, the same logo is dressed in red and yellow.
Taking a closer look into the insoles, we can see the Lebron’s Dunkman logo done in 5 different colors for a vivid and psychedelic outlook. A clear heel Air Max unit, white React foam forefoot, and white outsole round off the Lebron 17 Low Multicolor.
The Nike Lebron 17 Low Multicolor will be available on the 15th of June for a retail price of $160.
Where to Buy?
If you’re one of the many Lebron fans out there, then here’s where you can get your hands on the latest Lebron 17 Low Multicolor.
At Retail Price
At Resale Price
Since the release of the Lebron 17 Low Multicolor had been delayed, we have more than enough information regarding whether or not this shoe is worth the cop.
In total, there have been 17 resales on StockX for an average resale value of $208. That’s a profit of almost $30 after all the seller’s fees and commissions have been taken out. The peak resale price has been $300 and the lowest price at which the sneaker was resold at is $172 (still a profitable value).
Things are looking good for the Lebron 17 Low Multicolor and we estimate that the resale range for the sneaker is between $190-210.
Sneaker: Nike Lebron 17 Low
Colorway: Black/White – Multicolor
Release Date: 15th of June, 2020 at 10 am Eastern Time
Retail Price: $160
Resale Value: $190-$210
If you’re new to the reselling game and are trying to learn which sneaker to buy, then the Hypemaster Playbook is the perfect guide for you. It covers all the basics such as how to identify shoes for resale and how to create connections within the industry.
Make sure you’re not left out of the billion-dollar sneaker resale market!
That’s it for today, till next time!