With the increase in cultural tie-ins from movies and TV shows in shoes over the past couple of years, Nike is adding to this trend by bringing back the Nike Air Penny 5 for the film Blue Chips and its 26 anniversary.

GET NIKE AIR PENNY 5 BLUE CLIPs HERE!

These Nikes are former Orlando Magic guard Penny Hardaway‘s signature shoe with Nike and came out with multiple shoes and colorways. The Nike Air Penny 5 Blue Chip colorway is based on the 1994 film Blue Chips. The color scheme is made to resemble the fictional Western University uniforms and school colors. Don’t forget the oft-overshadowed silhouettes on the “Bright Blue” hues on the leather, mesh and Foamposite uppers. The Nike swoosh and “1 cent” logo are colored with the fictional team color yellow. These are located on the tongue, heel and outsole. The Air Penny 5’s are performance-ready with Phylon insoles and Air unite at the forefoot and heel.

The Air Penny 5 was released on February 18, and are available for purchase at selected retailers such as Footlocker for $160.

The Memphis Tigers‘ top recruit, James Wiseman, officially withdrew from the university Thursday, after playing only three games. The confirmation was posted on Wiseman’s Instagram page along with his intention of entering the NBA Draft.

Wiseman has been in headlines for other reasons besides his talent this season. On November 5, the NCAA informed Memphis that the freshman sensation had been ruled ineligible “based on alleged recruiting violations.” That same night he made his college debut scoring 28 points and grabbing 11 boards.

SLIDESHOW: 50 GREAT SPORTS FIGURES WHO DIED IN 2019

His ineligible status came from controversy over an $11,500 payment to Wiseman’s mother, Donzaleigh Artis, from Memphis Head Coach Penny Hardaway, for moving expenses during the summer of 2017. Since Hardaway donated $1 million to the team’s athletic department in 2008, he is considered a “booster” and is not permitted to provide financial assistance to prospective student-athletes and/or their families, according to NCAA bylaws.

The university attempted to appeal the NCAA’s ruling and Wiseman’s lawyers filed for a temporary injunction that allowed him to play while the situation was examined. Much to both parties chagrin, Wiseman was suspended in November for 12 games.

Hardaway released a statement that said, “We wish nothing but the best for James in his future endeavors as he follows his dreams. He will truly be missed.” The coaching staff was reportedly surprised at his decision, but the Nashville native is currently meeting with sports agencies, according to sources.

Golden State Warriors’ coach Steve Kerr was asked about the Memphis freshman leaving school. Despite the fact that he can’t directly talk about a prospect, according to NBA tampering rules, Kerr told ESPN, “Two of the top prospects are playing professionally in Australia. I think the trend is — guys are at least starting to think of other options. I know there’s been players who have just taken a year off or played at the IMG Academy until they were draft-eligible. So the NBA is getting a lot better with player development through the G League. I know there’s been talk of changing the rule in terms of draft eligibility. So there’s all kinds of things stirring out there and it looks like the players are considering their options.”

The 7’1”, 240 pound center was the top ranked freshman in 2019’s “ESPN 100.” Although his play was limited, his stats and his NBA-ready physique were indicative of what he could become. Wiseman averaged 19.7 points, 10.7 rebounds and three blocks per game this season and according to experts, Wiseman is projected to be drafted number one overall in the 2020 NBA draft.

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Memphis men’s basketball on Thursday declared freshman center James Wiseman ineligible to play after he dropped a lawsuit against the NCAA.

The Tigers also said they will apply for Wiseman’s reinstatement by the association.

The lawsuit Wiseman filed last week was essentially a restraining order and allowed him to play after the NCAA claimed he was ineligible because Memphis coach Penny Hardaway paid the center’s mother roughly $11,500 for moving expenses after he relocated from Nashville in the summer of 2017. The Tigers claimed they were unaware of the payment. Hardaway was Wiseman’s AAU coach at the time and ultimately coached him at Memphis East High School. Wiseman’s lawyers said in a statement that their client was dropping the suit because it had “become an impediment” to the Tigers’ attempts to come to a fair agreement with the NCAA about his eligibility status.

SPORTS FIGURES WHO DIED IN 2019 – TRIBUTE SLIDESHOW 

Wiseman last played in Memphis’s (2-1) 82-74 loss to Oregon on Tuesday. In his first three games this season, he averaged 19.7 points, 10.7 rebounds and 3 blocks. A county judge in Tennessee allowed him to play in the Tigers’ 92-46 thrashing of the UIC Flames on Friday after issuing a restraining order.

The 7-foot, 240-pound Wiseman is the top-ranked prospect in the 2019 class and is speculated to be the No. 1 pick in next year’s NBA draft. He will surely garner much attention in the coming weeks given the increasing national attention on the scandal involving college basketball coaches and Adidas executives making illegal payments to the families of newly-recruited NCAA players.

Memphis is first in the American Athletic Conference and was ranked 13th in the AP Top 25 poll before the loss to Oregon. The Tigers will next host Alcorn State on Saturday.