Of course it is. 
Thats a 104th Fighter Wing hat, and a military issued wrist watch too.

Is that a Michelob Light bottle?

In case you're as white as I am, I'll save you the trip to www.urbandictionary.com;

baller: 
A thug that has "made it" to the big time. Originally refered ball players that made it out of the streets to make millions as a pro ball player, but now is used to describe any thug that is living large.

What a baller

Looks like a drug dealer to me.