This is the Nike Air Max Ultra M, a modernized version of the Air Classic BW designed by Nike CEO Mark Parker. It's essentially a redesigned take on the Air Max BW Ultra, with the biggest update being a jacquard-knit gradient pattern on the sneaker's upper. Meanwhile, there's also leather hits at the tongue and heel that separate it from its inline version. Parker calls the Air Max Ultra M "an ode to the classic cut and sew design language of the 1980s, executed in a modern way."
Thanks to Overkill, we're getting a better idea of how this Air Max looks on-feet. The Air Max Ultra M comes with special "HTM" packaging and will be available exclusively from Nike's The Draw raffle tomorrow, March 24, at 12 p.m. EST. Retail is $200.