Joey Chestnut, winner of the annual Nathan's Hot Dog Eating Contest for the past several years, has been banned from competing in 2024. Chestnut signed a deal to represent plant-based meat company Impossible Foods, whose products include a vegan hot dog. Nathan's contest organizers have a policy that competitors must exclusively represent their brand of hot dogs. Chestnut was offered a $1.2 million, 4-year contract to continue competing for Nathan's but turned it down to partner with Impossible. Major League Eating says it's "devastated" by Chestnut's choice but hopes he'll return when not representing a rival brand. Chestnut has won the men's competition 16 times, including every year since 2016. His world record is 76 hot dogs eaten set in 2020.
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00:00It's Benzinga, and here's what's on the block.
00:02Joey Chestnut, winner of the annual Nathan's Hot Dog Eating Contest for the past several
00:06years, has been banned from competing in 2024.
00:10Chestnut signed a deal to represent plant-based meat company Impossible Foods, whose products
00:14include a vegan hot dog.
00:16Nathan's contest organizers have a policy that competitors must exclusively represent
00:20their brand of hot dogs.
00:22Chestnut was offered a $1.2 million four-year contract to continue competing for Nathan's,
00:27but turned it down to partner with Impossible.
00:29Major League Eating says it's devastated by Chestnut's choice, but hopes he'll return
00:33when not representing a rival brand.
00:36Chestnut has won the men's competition 16 times, including every year since 2016.
00:41His world record is 76 hot dogs eaten, set in 2020.
00:44For all things money, visit Benzinga.com.