Originally released in 1982 to bring superior quality on-court style, the T500 was reintroduced to be a leisurely classic, with a leather construction and perforated toebox detailing. Originally released in 1982 to bring superior quality on-court style, the T500 was reintroduced to be a leisurely classic, with a leather construction and perforated toebox detailing. Founded in 1906, New Balance has become a global leader in athletic gear. Committed to comfort, functionality, and on-trend, casual style, each of their iconic sneakers suits - and supports - your on-the-go lifestyle.