​NEW YORK, NY – JULY 15: Bryce Harper of the Washington Nationals gets a hug from his father Ron Haper during the Chevrolet Home Run Derby on July 15, 2013 at Citi Field in the Flushing neighborhood of the Queens borough of New York City. (Photo by Mike Ehrmann/Getty Images)ST PETERSBURG, FLORIDA – JULY 07: Ben Rice #22 of the New York Yankees reacts after hitting a three-run home run in the third inning against the Tampa Bay Rays at Tropicana Field on July 07, 2026 in St Petersburg, Florida. (Photo by Julio Aguilar/Getty Images)One of the most popular, fun, and entertaining events on Major League Baseball’s calendar each season is the T-Mobile Home Run Derby, which is a fan-favorite All-Star break festivity that features eight of MLB’s top sluggers duking it out for a prize of $1 million. The All-Star game (and Home Run Derby) is being held in Philadelphia, Pennsylvania, in the Phillies’ home ballpark, Citizens Bank Park.AdvertisementAdvertisementAdvertisementMLB.com’s Thomas Harrington provided some insight on the new Home Run Derby format, which is powered by T-Mobile:“Eight players will still make up the field, same as in years past. But instead of trying to hit as many homers as they can during timed rounds, participants will start each round with a finite number of swings: 20 in Round 1, 15 in Round 2 and 15 again in the final round.”“All swings will count against a player’s swing allotment, whether it results in a homer or not. However, a player who homers on his final swing of a round can keep swinging until he doesn’t hit one out.”The eight sluggers participating in the 2026 Home Run Derby include: Kyle Schwarber (Philadelphia Phillies), Bryce Harper (Phillies), Munetaka Murakami (Chicago White Sox), Junior Caminero (Tampa Bay Rays, 2025 runner-up), Jac Caglianone (Kansas City Royals), Willson Contreras (Boston Red Sox), Jordan Walker (St. Louis Cardinals), and Ben Rice (New York Yankees).AdvertisementAdvertisementAdvertisementIt’s a pretty stacked field, and honestly, one of the more anticipated Home Run Derbies in recent memory, it feels like. Two participants from the host city (Schwarber, Harper), last year’s runner-up in Caminero, and a guaranteed new winner. Add in the likes of rookie slugger Munetaka Murakami, and rising stars in Ben Rice, Jordan Walker, and Jac Caglianone. Sign me up.Let’s get into some of the very important details of the event, plus some sharp predictions/odds.More MLB on Heavy: Dodgers Trade Rumors: Tarik Skubal Chances, Top Needs Revealed, Who Could Be On The Move?NEW YORK, NY – JULY 15: Bryce Harper of the Washington Nationals gets a hug from his father Ron Haper during the Chevrolet Home Run Derby on July 15, 2013 at Citi Field in the Flushing neighborhood of the Queens borough of New York City. (Photo by Mike Ehrmann/Getty Images)AdvertisementAdvertisementAdvertisementHow to watch the T-Mobile Home Run Derby. Event details:Channel: Watch the 2026 MLB Home Run Derby live on Net