Memphis police have arrested 42-year-old Ronald James for stealing 26 exclusive pairs of Nike Foamposite shoes from the home of Memphis men's basketball coach Penny Hardaway. The theft, which was captured on surveillance camera, occurred on August 8 when James allegedly loaded the shoes into a shopping cart and pushed them down a street. Hardaway described the stolen shoes as one-of-a-kind pairs made for family and friends, likely worth significantly more than regular retail prices. Authorities have not yet confirmed whether the stolen merchandise has been recovered. Hardaway, a former NBA star and Memphis native, has had a successful coaching career, guiding the Tigers to multiple NCAA tournaments. This incident highlights ongoing concerns about property theft, even affecting prominent individuals.