Not identical to what is pictured but very close. The cap is actually nicer on what I received than what is pictured. My only complaint is that the handle is very thin. Flattened tubing for a handle would bump these up to the next level.
I have had this bag for over 10 years and it still is in great shape. It is large enough for all extras needed to carry but not so large and bulky. It is also very masculine.
These are pretty good ballcaps and they sell well with no customer complaints. As others have said, the buckles don't always hold because the strap material is too thin, so just be aware of that small defect. I also personally think the embossed "R" detracts overall from the cover when not used with...
I've had this bag for nine years and it's still going strong. I had to replace the drawstring since it was worn out but it's otherwise perfect, one of the longest living things I own.