According to @soleheatonfeet, the pair is slated to release some time in Fall/Winter 2019. It will take on color blocking similar to colorways of MJ's 12th signature like the "Taxi" and "French Blue." A white leather upper will be accented by a navy blue iguana scale overlay, bright yellow detailing, and gold eyelets. Official images have yet to surface, but a rendering of what to expect has been provided by @houseofheat.
The Wolverines got their own Air Jordan 12 release this year as well. The pair opted for a navy blue nubuck upper and yellow accents. It's unclear if the 2019 colorway also includes university's official "M" logo on the tongue like the 2018 release.
Air Jordan 12 "Michigan"
Release Date: Fall/Winter 2019
Color: White/Amarillo/Metallic Gold/Midnight Navy
Style #: 130690-147