One drawstring is retracted in the shorts.  Please see the red version, shorts picture.

This product is a pair of vintage Nike reversible mesh basketball shorts in navy blue and red. The shorts are designed for men in size L and are perfect for activewear, specifically for basketball. Made of breathable mesh fabric, they offer comfort and flexibility for athletic activities. The reversible feature adds versatility, allowing the wearer to switch up the color and style of the shorts during different occasions or games. Overall, these shorts are a stylish and practical choice for any basketball enthusiast looking for a retro Nike piece.