First unveiled as part of Yeezy Season 5 in February 2017, the Yeezy 'Wave Runner’ 700 came out at a time when the chunky sneaker (or "dad shoe") was blowing up on the streets, in part due to style icons like Kim K West. Influenced by his wife’s style, Kanye decided to take Yeezys in a different direction. The contrasting look of the 700s compared to previous silhouettes initially split sneakerheads about whether they were must-cop or not.
This changed when Chance The Rapper wore the sneaks while hosting SNL, causing hype for the fresh silhouette to build. Since the sneaker dropped in August 2017, there have been several restocks, along with switched up colorways.