What does the winner of the Home Run Derby get?

The Home Run Derby is a staple of the summer sports calendar, as baseball's best power hitters convene in one stadium to put on a home run-hitting show for the fans.

While professional athletes aren't known to give maximum effort in their league's All-Star games and events, the Home Run Derby is an exception. Each year, participants must swing as hard as they can as many times as they can in order to compete for the crown.

And it isn't just for glory and bragging rights, but a hefty cash prize as well.

Let's break down what the winner and participants of the Home Run Derby receive.

Home Run Derby prize money

The winner of the Home Run Derby receives $1 million.

The runner-up gets a lump some as well, in the form of $750,000.

In total, MLB sets aside $2.5 million in prize money for the derby, so the remaining $750,000 not given to the first- and second-place finishers is split between the remaining six participants.

On top of that, the player who hits the farthest home run of the event receives an extra $100,00 bonus.

Home Run Derby trophy

The winner of the Home Run Derby has historically received the Home Run Derby Trophy, a 24-inch, 19-pound silver trophy depicting two baseball bats crossing over.

The trophy is made by Tiffany & Co., the manufacturer of many of the world's biggest sports trophies, including those handed out for winning the World Series and Super Bowl.

In 2025, MLB announced the winner of the derby will receive a "Keep Swinging" chain, which is expected to take the place of the aforementioned trophy. The circular medallion reads 'Derby Champ" and is cast in gold.

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