Nike Waffle Racer Crater "Black" Release Date and Resell (Full Guide)

Learn Sneaker Reselling
12/28/2020 ~ Mohammad Yousaf

Nike Waffle Racer Crater “bLack” Background, Release Date and estimated resell

Apart from the array of exciting new Dunks that are releasing next week, Nike also has plans for the lesser-known “Waffle Racer” as well. The Nike Waffle Racer Crater “Black” release date is on January 6th for a retail price of $100. Keep reading to know all about it!

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Before we estimate resale for the Nike Waffle Racer Crater “Black”, let me walk you through the history of this legendary silhouette.

Nike Waffle Racer| The OG Racer

From Hanon Shop

Most sneakers have interesting back-stories and the Nike Waffle Racer is no different.

 In 1972, Nike co-founder Bill Bowerman wanted to create a brand new sneaker that could distinguish itself from other Nike sneakers. The inspiration came from his wife’s Waffle Iron which he took and poured a concoction of polyurethane on it.

The result was a material that could act as a sole with polygon-shaped studs which proved to be a good substitute for metal studs. Only 12 pairs were made and handed out to runners during the 1972 Olympic Trials.

The sneakers were then tweaked to fit the preferences of the wider public with multiple colorways.

Now, Nike is set to release a brand new design with a “Crater” sole that’s seen on other sneakers such as the Nike Space Hippie Lineup and even the Air Jordan 1.

To estimate its resale, let’s head over to StockX.

Nike Waffle Racer Crater Summit White Hyper Crimson (W)

From StockX

Retail Price: $100

Estimated Resell: $220

Release Date: 10/01/2020

Colorway:  SUMMIT WHITE/HYPER CRIMSON-PHOTON DUST

These sneakers came in women’s sizes and feature a black upper with grey suede overlays on the toe regions, throat, and rear.

A crimson ‘Swoosh’ on either side provides contrast while a white Crater foam midsole and black Crater foam outsole complete the design.

On StockX, the average selling price is $130 which is an average gross profit of $30. Expect the “Black” colorway to perform even better.

Nike Waffle Racer Crater “Black”

Nike-Racer Waffle-Crater-Black-Full-View
Nike

Retail Price: $100

Estimated Resell: $135

Release Date: January/06/2020

Colorway: Black/Black

Nike’s “Crater Foam” technology has been helping it achieve its targets of the “Move to Zero” campaign by making an appearance on various models. This time, Crater Foam is used to elevate the Nike Waffle Racer Crater “Black”.

This sneaker comes primarily in black nylon uppers with suede and other overlays that also blend in by using jet black color tones. The only contrast is provided by the white speckles that cover the Crater Foam Midsole and outsole.

Crater Foam enables this sneaker to reach its target of being constructed with at least 25% of recycled materials. Matching black mudguards, yellow-tinted insoles, and an overall DIY aesthetic completes the design.

Nike-Racer Waffle-Crater-Black-Side-View
Nike

 

Nike-Racer Waffle-Crater-Black-Hover-View
Nike
Nike-Racer Waffle-Crater-Black-Rear-View
Nike
Nike-Racer Waffle-Crater-Black-Outsole
Nike

Estimated Resell Value

I do believe you can earn some small profits with this sneaker since it is a nicer colorway than the previous ones. I also think they might just sell out.

Using my estimated resell value of $135, expect profits of around $35 per pair.

Where to Buy

You can buy the Nike Waffle Racer Crater “Black” at select retailers and Nike on January 6th. The retail price is set at $100 per pair for men.

You can also buy them today at reseller websites such as StockX.

Conclusion

Nike Waffle Racer Crater “Black”

Retail Price: $100

Estimated Resell: $135

Release Date: January/06/2020

Where to Buy: (Retail) Nike 

                         (Resale) StockX

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In other related news, Nike is set to release its 3rd colorway for the Space Hippie 03!

Have a great week everyone!

-Mohammad