There is one break in plastic brim insert which was common in the day. These inserts are stiff and subject to cracks, the insert can be replaced or removed if desired or the inserts can be broken up for a soft brim look. There is some inner forehead foam that is torn but not necessary to the cap as it is under the material.
Stitched Video Wizard next to high score Space Invaders patch. Possibly a prize hat for video game contest. Nice overall condition