Hardaway turned down a $7 million offer from Converse. Penny was such a highly-touted prospect that several shoe companies wooed him when he first came to the league.

Back in the '90s, after Penny Hardaway signed with Nike, he had a meeting with the company to discuss his first signature shoe. During the meeting, Nike designer Eric Avar brought the high-flying ...

While the Nike Air Foamposite is not part of the signature Penny line, the shoes caught Hardaway's eye during a meeting, and he wore them on the court during the 1996-97 NBA season.

Jordan wore the Air Jordan 11s in the first two playoff games, but the NBA said their colors broke the dress code. As a result, he ended up wearing Penny Hardaway's black Air Flight Ones.

Nike and Hardaway's partnership dates back decades. Last year the apparel company released a special shoe -- the Nike Air Max Penny 1 Lester Middle School Editions -- to pay homage to his former ...

Former Orlando Magic point guard Anfernee Hardaway was one of Nike's prized endorsers during the 90s. Hardaway captivated NBA fans with his dazzling plays and fancy passes.

Meanwhile, Hardaway's signature "1 Cent" logo pops off the shoe in black to provide the finishing touch. The Nike Air Foamposite One first hit the hardwood in 1997.