This past weekend select Jordan Brand retailers received stock of the Air Jordan 1 Low Phat in this Varsity Red and Black colorway. The Air Jordan 1 Low Phat Cement models were scheduled to release but by surprise a very limited number of shops also received this model too. The sneakers include a classic black and red Air Jordan 1 colorway which are some of the most sought after AJ1 Phat models. They pretty much sold out instantly so if you missed out your best bet is to check out the Ebay Auctions to snatch a pair up. They are going up for a BIN price of $162, without shipping. Official release date is December 2008 so if you wanna be the holiday rush and not end up catching a charge beating somebody off for them, make sure you grab them on Ebay now. Hit up the jump to see more pictures.