The field
The recognizable object is a red sign or banner held by a person. Its main words are I'M BAMA BOUND.
The preset puts one person in a sunny green field with that banner overhead. Video versions add a jump and a cheer. The reference still is logo-free.
The caption
The joke has two parts. A normal photo is presented as applying to Bama as a joke, and the sign image or clip is presented as an unexpected admission and a full ride.
Some reference banners use only the words I'M BAMA BOUND, with no school logo and no script letter. Other stills add a script letter and sometimes a small university line. Those are different sign designs for the same meme. This preset uses the logo-free banner.
What it is not
Bama Bound turns one clear photo of a person into a staged field still or an eight-second clip. The person jumps in a sunny green field under a red banner that reads I'M BAMA BOUND. The preset is one person and a logo-free banner. It is not an official University of Alabama acceptance.