Sunday, May 17, 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

May 4, 2026; St. Petersburg, Florida, USA; Tampa Bay Rays left fielder Chandler Simpson (14) greets right fielder Ryan Vilade (26) at home plate after hitting a three-run home run against the Toronto Blue Jays in the first inning at Tropicana Field.

Rays Reach Preliminary Agreement With City, County on Ballpark

The stadium would be located near Raymond James Stadium, home of the Buccaneers.

NCAA Warns Baseball Coaches About Canceling Games to Boost Stats

A myriad of Power Four schools canceled games against lower-ranked opponents.

Braves Earnings Show Promise and Pressure of RSN Shift

The club’s revenue surged, aided in part by the earlier season start.
Apr 13, 2017; Detroit, MI, USA; Minnesota Twins hat and glove in the dugout during the game against the Minnesota Twins at Comerica Park. Mandatory Credit: Rick Osentoski-USA TODAY Sports

Twins Reporter Leaves The Athletic Over Coverage Reassignment

Rather than staying at The Athletic, Aaron Gleeman is going independent.

Featured Today

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).
Bart Swings/Falyn Fonoimoana/Avery Poppinga
May 14, 2026

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 12, 2026

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.

PGA Championship Increases Purse to Record $20.5 Million

The prize money is up from the $19 million paid out last year.
Jan 17, 2026; Denver, CO, USA; Buffalo Bills quarterback Josh Allen (17) runs against Denver Broncos linebacker Karene Reid (47) during the second quarter of an AFC Divisional Round playoff game at Empower Field at Mile High.
May 14, 2026

NFL Schedule Leans Further Into Holidays, Streaming Expansion

The upcoming slate features several notable changes from 2025.
Jan 10, 2026; Charlotte, NC, USA; Los Angeles Rams quarterback Matthew Stafford (9) drops back to pass against the Carolina Panthers in the first half during the NFC Wild Card Round game at Bank of America Stadium.
May 15, 2026

The Haves and Have-Nots of the 2026–27 NFL Schedule

Five teams have no primetime appearances scheduled in 2026.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
May 14, 2026; Newtown Square, Pennsylvania, USA; Scottie Scheffler walks past fans to the seventh tee during the first round of the PGA Championship golf tournament at Aronimink Golf Club.
May 14, 2026

After PGA Championship, Pennsylvania Targets PGA Tour Stop

“We invest $2.5 million in it, but this event alone is expected to generate $125 million.”
Dec 15, 2023; Philadelphia, Pennsylvania, USA; Philadelphia 76ers resident of Basketball Operations Daryl Morey speaks with the media before a game against the Detroit Pistons at Wells Fargo Center. Mandatory Credit: Bill Streicher-USA TODAY Sports
opinion
May 14, 2026

Why the NBA Should Hire Daryl Morey to Be Its Theo Epstein

The 76ers fired Morey earlier this week.
Feb 5, 2026; Santa Clara, CA, USA; New England Patriots head coach Mike Vrabel talks to media members at the Santa Clara Marriott. Mandatory Credit: Darren Yamashita-Imagn Images
May 14, 2026

NFL Staying Hands-Off Schedule Videos as Vrabel Jokes Loom

The league isn’t reviewing teams’ schedule release videos in advance.
May 14, 2026

Silver Says He Could Further Punish Tanking Teams in New Lottery

“We can actually take away draft lottery balls.”