The 2024 Major League Baseball Home Run Derby is set to take place on Monday night at Globe Life Field, home of the reigning champions, the Texas Rangers. The spotlight is on Mets' Pete Alonso, a two-time champion aiming to make history by joining Ken Griffey Jr. as the only three-time Home Run Derby winners. The field is rounded out by sluggers Adolis García, Gunnar Henderson, Bobby Witt Jr., José Ramírez, Marcell Ozuna, Alec Bohm, and Teoscar Hernández. The event will feature a new format with all participants competing in the first round before advancing. The semifinals and finals will see head-to-head matchups with players battling it out for the title in a timed format. Alonso is the favorite according to Caesars Sportsbook. Don't miss the action on ESPN, and CBS Sports HQ for highlights.