Joey Chestnut Reacts to Nathan's Hot Dog Eating Contest Ban: 'Gutted' The decision was made after Chestnut reportedly inked a four-year, $1.4 million deal with "rival" Impossible Foods, a plant-based company that makes a vegan hot dog.

By Emily Rella

Key Takeaways

  • Joey Chestnut is a 16-time Nathan's Hot Dog Eating Contest champion.
  • He set a record for most hot dogs consumed in 2021 but won't be participating this year over a brand deal.
  • Major League Eating reportedly attempted to counter the deal with a four-year, $1.2 million contract.

Opinions expressed by Entrepreneur contributors are their own.

The hot dog-eating community was mourning Tuesday when Major League Eating announced that fan-favorite and 16-time champion, Joey Chestnut, will not participate in the 2024 Nathan's Hot Dog Eating Contest on July 4.

The decision was made after Chestnut reportedly inked a four-year, $1.4 million deal with Impossible Foods, a plant-based company that now makes a vegan hot dog.

Related: It's National Hot Dog Day! Here Are Our Top 3 Hot Dog Franchises.

Major League Eating attempted to counter Chestnut's deal with Impossible Foods by offering him a four-year, $1.2 million contract, which he declined, according to the New York Post.

"We are devastated to learn that Joey Chestnut has chosen to represent a rival brand that sells plant-based hot dogs rather than competing in the 2024 Nathan's Famous Fourth of July Hot Dog Eating Contest," MLE expressed in a statement. "MLE and Nathan's went to great lengths to accommodate Joey and his management team, agreeing to the appearance fee and allowing Joey to compete in a rival, unbranded hot dog eating contest on Labor Day."

Major League Eating event organizer George Shea told ESPN that Chestnut's decision was like "Michael Jordan saying to Nike, 'I'm going to represent Adidas, too.'"

Chestnut spoke out about the news on X in a series of posts, confirming that he wasn't permitted to compete.

"To set the record straight, I do not have a contract with MLE or Nathans and they are looking to change the rules from past years as it relates to other partners I can work with," Chestnut told fans. "Sadly, this is the decision Nathan's and Major League Eating are making, and it will deprive the great fans of the holiday's usual joy and entertainment."

Chestnut set the record for most hot dogs ever eaten in the competition in 2021 after he took down 76 hot dogs and buns. Last year, he finished with 62 hot dogs and buns.

"Rest assured that you'll see me eat again soon!!" Chestnut said. "STAY HUNGRY!"

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

What Is Stargate? OpenAI, Oracle, and Softbank Team Up for $500B AI Infrastructure Initiative.

President Donald Trump is reportedly announcing the news on Tuesday.

Business News

37% of Employers Would Rather Hire a Robot or AI Than a Recent Grad: 'Theory Alone Is No Longer Enough'

Three out of 10 HR leaders would rather leave a position unfilled than hire a recent graduate.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

At Least 50 Local TV Meteorologists Across the Country Were Just Laid Off — Here's Why

The layoffs are happening at over two dozen local television stations and some meteorologists have more than 35 years of experience with the same channel.

Franchise

Turn Your Love of Travel into a Successful Business with Cruise Planners

Cruise Planners has over 30 years of travel franchise experience and the nation's largest home-based travel agency franchise network.

Taxes

What the Inauguration Means for Your Taxes

In his first term, President Trump accomplished one of the most significant overhauls to the tax code in decades with the 2017 Tax Cuts and Jobs Act (TCJA). With issues surrounding the economy and job growth front and center, the next four years may bring another wave of change.