2024 MLB Home Run Derby: New rules and how to watch as O's Gunnar Henderson commits, while Shohei on the fence

The 2024 Home Run Derby is fast approaching and baseball's midsummer power spectacle will have a new format this season on top of a great collection of talent. Vladimir Guerrero Jr. won the Home Run Derby in Seattle's T-Mobile Park last year. Here is everything you need to know about this year's Home Run Derby, including who's in, who's out and who's on the fence waiting for the call.

How to watch

• Date: Monday, July 15
• Time: 8 p.m. ET
• Location: Globe Life Field (Arlington, Texas)
• TV: ESPN

New format

The Home Run Derby has gone through many formats over the years and there will be a new one in effect in 2024. Gone are head-to-head matchups in the first round. Instead, all eight participants will compete against each other in the first round, and four will advance. Here's how the new format works :

First round: All eight players get three minutes or 40 pitches, whichever comes first, plus one timeout. The four leading home run hitters advance. Ties are broken using the longest home run distance. After the initial three minutes or 40 pitches, each player gets three bonus outs, where they continue hitting until three outs are recorded. Hitters can earn a fourth bonus out with a 425-foot homer in bonus time. This gives anyone who is trailing a chance to catch up because they can continue hitting homers in bonus time until they run out of outs.

Semifinals: The four remaining players are seeded 1-4 using first round home run totals, then it's 1 vs. 4 and 2 vs. 3 in head-to-head matchups. It's again three minutes or 40 pitches with one timeout. The same bonus time rules apply.

Finals: The final two players now have two minutes or 27 pitches with one timeout, and the same bonus time rules. The player with the most homers wins.

In recent years, the eight players were seeded 1-8 using regular-season home run totals, then there were head-to-head matchups and a single-elimination tournament to decide the Home Run Derby. There was a time limit (three minutes in the first and second round, two minutes in the finals) but no pitch limit. Last year, no player saw fewer than 43 pitches in a round, so the new 40-pitch limit will speed things up and put a premium on efficiency (i.e. home runs per pitch).

Committed

On June 30, Orioles shortstop Gunnar Henderson became the first player to commit to the 2024 Home Run Derby . The 23-year-old wunderkind is on pace to become the second 50-homer shortstop in baseball history, joining Alex Rodriguez (52 in 2001 and 57 in 2002). This will be Henderson's first Home Run Derby appearance. Two O's have won the Home Run Derby previously: Hall of Famer Cal Ripken Jr. (1991) and Miguel Tejada (2004).

On the fence

Dodgers slugger Shohei Ohtani said he would like to take his hacks in the Home Run Derby , though he needs medical approval because he is still rehabbing from last September's elbow surgery. "I have to get an offer (to participate) first. I'm also rehabilitating, so I need the doctor's approval and the trainers' approval and the team's approval. Of course I have feelings of wanting to do it. I think any player would. I think it depends on how it lines up with the other parts," Ohtani said on June 26 . Ohtani has participated in the Home Run Derby once before. He was eliminated in a first-round tiebreaker by Juan Soto in 2021.

Not participating

Despite leading the sport in home runs, Yankees star Aaron Judge will once again pass on the Home Run Derby . He has not participated in it since winning the 2017 event as a rookie. Judge has said he will do the Home Run Derby again when the All-Star Game returns to New York, otherwise it doesn't sound like something he is eager to do. New York last hosted the All-Star Game in 2013, when it was at Citi Field. The Yankees last hosted the All-Star Game in 2008, the final year of the old Yankee Stadium.

On July 1, Astros masher Yordan Alvarez said the Home Run Derby is "something I'm not super motivated to do at this moment," according to The Athletic . Alvarez has slugged 30-plus home runs each of the last three years and he's on pace to do it again in 2024. He has never participated in the Home Run Derby and no Astros player has ever won it, either.