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Freddy SB
Nike SB Dunk Low “Freddy Krueger”
$
10
.00
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There is no scarier and highly sought after sneaker than these Freddy Krueger Dunk SB's. Created in 2007, the design is modeled after it’s namesake -- the antagonist of cult favorite movie, “Nightmare on Elm Street”. The shoe features a green and red striped body, modeled off of Freddy’s signature sweater, and blood splattered beige accents. 

Although they were included in Nike SB’s “Halloween” pack, these shoes never hit the market. The Nike SB Dunk Low “Freddy Krueger” was pulled from production following a cease-and-desist letter from New Line Cinema, the company responsible for “Nightmare on Elm Street”. New Line Cinema demanded for the already manufactured shoes to be incinerated and wiped from shelves. Thanks to a couple enterprising employees, this legendary shoe still circulates today. A couple pairs were smuggled from the factory by employees prior to their destruction. Additionally, one small skate shop in Mexico mistakenly sold a few pairs early. 

As a result of the legal battle and the subsequent slip ups, there are reportedly only 30 pairs of the Krueger Dunks left in circulation. The shoe has been spotted on notorious sneakerhead and Nike SB collector Travis Scott. This shoe is one of Nike’s scarecest, and in deadstock condition, like our asset, it is even rarer.

Recent Sales
Based on data gathered from StockX, the most recent sale of the Freddy Sneaker was $15,000.00 in February of 2020, which was also the 12-month high. The 12-month low was for $10,000.00 in January of 2020.
Freddy’s Performance
The Freddy Sneaker has an annualized return rate of 35% for the five-year period between 2015 and 2020 (based on median sale price from 12 data points sourced from StockX). We believe the shoe’s growth is tied to its scarcity, cultural relevance, and grail status— which will likely compound over time.
Grail Status
The Nike SB Dunk Low “Freddy Krueger” is considered by some to be the one of the most influential Nike SB Dunks ever made.
Cultural Relevance
The Freddy SB’s botched release made it one of the most controversial shoes in Nike’s history.
Deadstock
The shoes are in brand new, deadstock condition.
Brand
Nike
Year
2007 (unreleased)
Size
US 10.5
Colorway
Taupe/Chrome
Style Code
313170-202
Condition
Deadstock
Drop Market Report
Our team prepares extensive research and financial analysis for each drop on Otis.
This investment is speculative and involves substantial risks to consider before investing, outlined in the Offering Circular and including, but not limited to, illiquidity, lack of diversification and complete loss of capital. Also, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment.
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