The Home Run Derby is here and has a loaded field, and you can bet on the slugfest with sportsbook promos at top betting sites

The total prize pool handed out at the MLB Home Run Derby is a whopping $2.5 million. However, it isn't winner-takes-all. While the champion receives $1 million off the top, the rest of the money is then trickled down to the rest of the participants in a variety of ways.

There have been examples in the past of Home Run Derby winners earning more than their yearly salaries, especially for younger players who make near the league minimum. When Pete Alonso won in 2019 and 2021, he received checks worth well above what he made for 162 games.