Wednesday, April 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

Royals’ New $3B Stadium Lands Downtown, but Not Where Expected

The MLB club strikes a large-scale development deal with Hallmark Cards.
Apr 17, 2026; Chicago, Illinois, USA; New York Mets relief pitcher Sean Manaea (59) delivers a pitch against the Chicago Cubs during the fifth inning at Wrigley Field.

High-Spending Mets Aren’t Alone in Their Losing Ways

Despite a hefty payroll, the club’s losing streak is its longest since 2004.
Apr 4, 2026; Kansas City, Missouri, USA; Kansas City Royals center fielder Lane Thomas (15) celebrates in the dugout after scoring during the seventh inning against the Milwaukee Brewers at Kauffman Stadium.

Kansas City Okays $600M for New Royals Stadium

The MLB club must still complete the rest of its stadium financing plan.

Padres Sale Set to Break MLB Record With $3.9B Deal

The buyer is the cofounder of investment giant Clearlake.

Featured Today

INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Quinnipiac women's varsity rugby
April 21, 2026

The Death of Quinnipiac Women’s Varsity Rugby

The sudden decision at Ilona Maher’s alma mater left players blindsided.
April 17, 2026

The Lawyer Steering the NIL Era

In the new era of college sports, Darren Heitner is everywhere.
blake griffin
April 14, 2026

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.

Six NFL Teams Have Multiple First-Round Picks—and Big Questions

Six franchises face big questions on and off the field.
April 22, 2026

NFL Draft’s Recent No. 1 QB Success Raises Stakes for Raiders

A quarterback is expected to lead the draft for the fourth straight year.
April 22, 2026

Fever GM: Team Must Think ‘Long Term’ With Clark Payday Incoming

Sophie Cunningham’s comments about her contract raised eyebrows this week.
Sponsored

Why Brandon Marshall Bet on Athlete-Owned Media

Brandon Marshall on athlete media, life after football, building I AM ATHLETE.
Nelly Korda takes part in the first round of the 2025 CME Group Tour Championships at Tiburon Golf Club at the Ritz Carlton Golf Resort in Naples on Thursday, Nov. 20, 2025.
April 21, 2026

LPGA Season Kicks Off With First Major—and a $60K Plunge Pool

The Chevron Championship tees off Thursday in Houston.
April 21, 2026

NBA Coaching Carousel Could Shake Up College Basketball

Dusty May and Todd Golden could get NBA coaching looks.
April 21, 2026

NWSL Will Add Its 18th Team in Columbus

The league wanted to award another expansion team for 2028 this year.
April 21, 2026

NFL Rookie Deals Will Top $50M for the First Time Since 2010

This year’s top pick will make nearly $55 million.