MLB Home Run Derby 2022 prize: How much money does the winner get?

In the MLB Home Run Derby in 2022, Pete Alonso will be the defending champion. As the heavy favorite, it is very likely that he will win the competition and establish a new record that will be challenging for future generations to surpass. Although the MLB Home Run Derby has been a tradition since the 20th century, this competition is actually quite recent. The winner is the player with the most home runs at the end of the final several rounds, though the format has altered over the years. The MLB has been trying to entice the players with a money bag since a few seasons ago in an effort to make the event more interesting to watch. Previously, large awards were not given to the winners.

How much money does the MLB Home Run Derby 2022 winner get?

The victor of the home run derby receives a $1 billion prize as well as a "Derby Champ" luxury chain with no estimated cost. The necklace, which is brand-new yet being given to the winner for the second time, is modeled after what Daddy Yankee did in 2019 when he gifted Pete Alonso a pricey chain.

Aaron Judge won the home run derby in 2017 at Marlins Park, which was his sole triumph in the competition; Bryce Harper won the following year. As a result, Aaron Judge won't be at the event. Aside from Alonso, the Mets have only won the Derby three times; in 1986, Darryl Strawberry was the other winner.