In collaboration with renowned Japanese label WTAPS, the New Balance 992 WTAPS features a gray nubuck, suede, and mesh upper with neutral gray tones throughout the design. From there, New Balance's collaboration with the Japanese brand is evidenced by a bright orange accent at the front of the midsole and WTAPS embroidery featured on the heel combined with co-branded lettering on the footbeds to complete the design.

The New Balance 992 WTAPS released in May of 2020 and retailed for $369.