Leaked release info suggests that the "Bred" Air Jordan 1 is coming back in 2016, complete with the Retro High OG build and the "Nike Air" branding.

The 2016 release of shoe will mark its first return since Jordan Brand introduced the remastered program, meaning that the shape should set this forthcoming pair apart from previous retros. The sources on this one are leaker @baltsneakershow, who posted style info about the shoe, and the below image of a supposed style sheet listing the shoe.
 

Image via IST

Note that no images of the remastered "Bred" Jordan 1 for 2016 in the iconic "Banned" colorway exist yet. The above photo is of the 2013 version of the shoe.​

Air Jordan 1 Retro High OG "Bred" 2016
Release Date:
09/03/16
Color: Black/Varsity Red-White
Style #: 555088-001

UPDATE 5/3: The below tweet shows a sheet with a release date of Sep. 3 for the 2016 "Bred" Jordan 1. Leaker @baltsneakershow has confirmed this date.