Wednesday, July 22, 2026

MLB’s HR Derby’s $1M Prize Tops Salaries for Three Rising Stars

The MLB Home Run Derby could again present a major payday for some younger players, while ESPN looks to boost viewership for the event.

Jay Biggerstaff-Imagn Images

ATLANTA — Dingers should be flying at steamy Truist Park for Monday night’s MLB Home Run Derby, and the dollars could particularly flow for three younger competitors. 

A $1 million top prize is once again up for grabs in the competition, and for three of the eight players in the derby—the Rays’ Junior Caminero ($764,100), the Pirates’ Oneil Cruz ($785,000), and the Nationals’ James Wood ($764,600)—that figure is more than they’ll earn all season. Each is not yet eligible for arbitration or free agency.  

Such has been the case with this event since 2019, when the league and MLB Players Association created the prize pool, in part as an incentive to attract top talent. Instead of drawing top star veterans such as the Yankees’ Aaron Judge and Dodgers’ Shohei Ohtani, though, the Home Run Derby has become something of a young man’s competition.

While 2024 champion Teoscar Hernández prevailed in his ninth MLB season, prior winners such as Pete Alonso, Juan Soto, and Vladimir Guerrero Jr. claimed the top check before much bigger salary dollars arrived. 

The trio of younger players will compete in the 2025 derby against five more established players: the Twins’ Byron Buxton, Yankees’ Jazz Chisholm Jr., Braves’ Matt Olson, Mariners’ Cal Raleigh, and Brent Rooker of the A’s. Raleigh, in the midst of a breakout season and leading the majors with 38 home runs, is a slight betting favorite in the Derby, followed by Cruz. 

The hot and humid environment at the outdoor Truist Park, with temperatures expected to still be near 90 degrees when the event starts at 8 p.m. ET, provides a setting that has not been seen in several years for the Home Run Derby. Last year’s event was held indoors at Globe Life Field in Texas, and the three years before that featured more temperate conditions in Seattle, Los Angeles, and Denver, respectively. 

In addition to the $1 million prize for the derby winner, another $100,000 is available for the hitter with the longest home run. The runner-up wins $500,000, and the other six participants will each get $150,000.

Wood, for his part, said he has no life-altering plans if he wins the Derby.

“I might go to Waffle House,” Wood tells Front Office Sports, referring to the popular restaurant chain.

View From Above

ESPN, meanwhile, plans to incorporate a pair of golf-type drone cameras into its coverage of the derby Monday night, both in the main broadcast and an alternate, Statcast-driven one on ESPN2. Such an element was not possible with the domed ballpark in Texas last year, but it is aimed at providing enhanced views of ball flight. Overhead views such as this have become a staple of golf coverage across multiple networks. Drone cameras last year were only able to fly outside Globe Life Field. 

The network will also be looking to regain some viewership momentum, as last year’s viewership of 5.45 million fell 11% from 2023, and was impaired by competing coverage of the 2024 Republican National Convention. ESPN will also have a live production of The Pat McAfee Show on Monday from The Battery mixed-use development that surrounds Truist Park.

“This obviously is one of our most-viewed events of the entire year,” ESPN SVP of sports production Mark Gross tells FOS regarding the Derby. “Our job is to document the event in every way that we can, and we think these drones will be a big enhancement to seeing the flight paths of the home runs and will aid our storytelling.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Aug 24, 2024; Oakland, California, USA; The major league baseball logo is seen on signage near the player's entrance to the field at Oakland-Alameda County Coliseum before the game between the Oakland Athletics and the Milwaukee Brewers. Mandatory Credit: Robert Edwards-USA TODAY Sports

MLBPA Rejects Owners’ Draft Changes in Latest Labor Proposal

The union seeks to return the draft to its prior June timing.

Red Sox Revival Turns MLB Trade Deadline Upside Down

Boston has risen from the AL’s worst record to a playoff position.
Jul 5, 2026; Chicago, Illinois, USA; Chicago Cubs second baseman Nico Hoerner (2) slides into score against the St. Louis Cardinals during the sixth inning at Wrigley Field.

Pending Labor Talks, MLB Is Set for Earliest Opening Day in 2027

Labor woes cloud the consideration of next year’s slate.
Jul 13, 2026; Philadelphia, PA, USA; Tampa Bay Rays third baseman Junior Caminero (13) bats in the second round of the All Star-Home Run Derby at Citizens Bank Park.

Home Run Derby Ratings Drop 7% on Netflix

The event’s pivot to streaming results in a slightly lower average audience.
podcast thumbnail mobile
Front Office Sports Today

7/22/26 – World Cup Final Ratings, ESPN Layoffs, LeBron Waits, WFAN to SiriusXM

0:00

Featured Today

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.

PGA Tour Undercuts LIV Golf With Asian Tour Deal

The International Series will likely end its partnership with LIV.
Sponsored

Inside the EY 2026 Sports Engagement Index: The Real Map of American Sports Participation

EY’s latest index explores how shifting U.S. fan behaviors are expanding the definition of sports engagement.
July 20, 2026

LIV Golf Returns After 47-Day Break, Facing $1.1M Lawsuit

A former technology partner is suing LIV Golf.
Sponsored

Inside the EY 2026 Sports Engagement Index: The Real Map of American Sports Participation

EY’s latest index explores how shifting U.S. fan behaviors are expanding the definition of sports engagement.
July 20, 2026

NFLPA Uses World Cup Final to Renew Push for Grass Fields

The union begins a coordinated campaign to pressure team owners.
July 20, 2026

Rory McIlroy Tops Golf’s Major Prize Money List With $5.34M

McIlroy won $4.5 million at the Masters.
Exclusive
July 20, 2026

NFL Owners Expect New Deal for Roger Goodell

NFL media rights, labor talks make continuity a priority.
July 19, 2026

DeChambeau’s Open Performance Marred By Penalty Fallout

Many players had strong opinions on the DeChambeau situation.