 
The Air Jordan I (1) Phat has undergone a slight change in appearance for 2012 in 3 new colorways:
– White/Black-Varsity Red
– White/Cargo Khaki-Peat Moss
– Cool Grey/White
The 3 new colorways feature various materials in a high top silhouette. The Cool Grey model features a moc-carbon fiber upper, the White/Black-Red colorway features leather and elephant print. The last colorway features an all leather khaki combination for a simpler feel.
These can be found at your local JB retailers next Summer for $100.
via CK
-J2!