Every late July/early August it seems the Jordan brand plans to release a brand new Michigan Trainer. This year is no exception and the below shoes are expected to hit the market soon. Other schools like UNC, Oklahoma, and Florida will also get a version. Florida and OK are new to the Jordan brand.
The shoes are termed Jordan Trainer 3 "week zero" and features jersey mesh construction and official school logos. I had a little bride tell me that the Michigan versions might be available as soon as this Saturday.
I don't have a price yet, but I expect them to be in the $160 range.