It is based on the Home Run Derby that is usually contested the day before the MLB All-Star Game.

Teams represented the Los Angeles Dodgers, the Boston Red Sox, the Chicago Cubs, and the New York Yankees.

Adrián González played for the Dodgers, Jonny Gomes for the Red Sox, Nick Swisher for the Yankees, and Geovany Soto for the Cubs.

Cryptocurrency exchange company FTX was the title sponsor, in continuation of a partnership with MLB announced in mid-2021.

[6] In the final, the Yankees defeated the Red Sox, 42–41, after London-born Richard Brereton hit a walk-off home run.

[14][15] Four teams competed, each led by a retired MLB player: Jake Arrieta's Schoolboys, Jonny Gomes's Steamed Cheeseburgers, Dexter Fowler's Los Chivos, and Nick Swisher's Bouncing Pickles.

[16] The Schoolboys received $4,000 for their chosen charity, the Hartford Police Athletic League, which Arrieta matched personally.