A storage rack device for storing, shaping, and displaying baseball caps includes a bottom plate, a top plate, and a pair of rods. The rods are coupled to and extend between the bottom plate and the top plate. The rods are opposingly positioned proximate to a lower circumference of the top plate and extend in parallel to the bottom plate. The pair of rods is configured to selectively insert a bill of a cap to couple the cap to the pair of rods so that the bill is selectively positionable in a curved configuration and a flat configuration.