With the highly anticipated release of the Nike Pegasus 41 next month, Nike has slashed prices across every variation of last year's Nike Pegasus 40. The deepest discount happens to be on our absolute favorite Nikes for football fans: the stylish NFL edition of the popular running shoe.

Available in 32 colorways representing every NFL football team, Nike's NFL Pegasus 40 once retailed for $140. But right now, shoppers can snag the popular Nike shoe in their favorite team's colors at the clearance price of $55.

For members, that deal just got even better. During the Nike Summer Event, Nike members can use code SUMMER25 at checkout to shave an extra 25% off the price. That brings the price down to just $42 for one of Nike's best running shoes and one of the comfiest ways to rep your favorite team. 

The deal is so good, Nike has already sold out of some team colors. Luckily, we found deals on these popular shoes at other retailers so you still have a chance to rep your team. Tap the button below to check if your team is still available at Nike or keep reading to find out which retailers have them in stock. 

Shop Nike's NFL Pegasus 40 deals

Get the NFL edition Nike Pegasus 40 for just $42 at Nike


This chance to snag the new NFL Pegasus 40 for just $42 is one of our favorite deals we've spotted so far this year. It couldn't come at a better time with the curiously missing Eagles edition of the Pegasus 40 finally launching earlier this year. So now all 32 NFL teams are represented in the collection -- and available for up to 40% off with an extra 25% discount on top of that.

The chance to rep your favorite team isn't the only reason to love these shoes. The Pegasus 40 also happens to be CBS Sports readers' favorite shoe and one of the best Nike running shoes -- and that's saying something for a brand that literally built its reputation on making great running shoes.

As a running shoe, the Nike Pegasus 40 is a balanced, daily trainer that delivers comfort and support but still adds a little extra bounce to your step. One of the key features that helps it accomplish that is a layer of Nike's signature React foam in the midsole.

React foam is soft enough to cushion your foot when it lands but durable enough to spring back into shape when you lift off again. That spring back into shape helps provide a little extra lift in your stride. You also get two Air Zoom units, one in the heel and one in the forefoot. These small air capsules act kind of like a bouncy ball for a little extra propulsive power with each foot strike.

Regularly priced at $140, the NFL edition dropped to just $55 over the weekend at Nike. Nike members can use code SUMMER25 at checkout to bring the price down even further to $42. 

$42 with code SUMMER25 at Nike

If your team is already gone, there's good news. Both Fanatics and Dick's Sporting Goods are offering discounts on the Nike's NFL Pegasus 40, too. Prices aren't as low as they are at Nike, but both retailers still have most team colors in stock.

For the next best deals, check Dick's Sporting Goods, where prices start at just $58 on select team colors. 

$58 and up at Dick's Sporting Goods

For the widest selection of team colors, head to Fanatics where select team sneakers are on sale for $100. 

$100 and up at Fanatics

Save up to 50% on every version of the Nike Pegasus 40


The NFL edition of the Nike Pegasus 40 isn't the only one on sale. Nike has slashed up to 50% off every version of its popular running shoe as it gears up for this year's new release. That includes the standard colorways in both men's (up to 40% off) and women's sizes (up to 33% off) as well as the select range of college edition sneakers (50% off). 

During the Nike Summer Event, members can slash an extra 25% off certain colorways (including the college edition) to save even more on their new favorite sneakers. Just sign in and use code SUMMER25 at checkout to save more on eligible Nike shoes. 

Tap the buttons below to shop all the Nike Pegasus 40 deals available right now.

Shop men's sizes:

$63 and up with code SUMMER25 at Nike

Shop women's sizes:

$65 and up with code SUMMER25 at Nike

Shop the Nike Pegasus 40 college collection:

$45 and up with code SUMMER25 at Nike