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Yankees second baseman Robinson Cano is the defending home run derby champion. Reuters

The 2012 Home Run Derby features eight participants and will be broadcasted at 8 p.m. EST Monday on ESPN.

You can also watch the derby online at Watch ESPN or find a live stream available here.

The Derby is broken down into two teams of four participants, captained by the Los Angeles Dodgers' Matt Kemp and the New York Yankees' Robinson Cano.

Cano is the reigning Home Run Derby champion and picked Blue Jays' Jose Bautista, Angels' Mark Trumbo, and the Tigers' Prince Fielder as his three American League teammates. Bautista leads baseball with 27 home runs, but struggled mightily last year in his first Derby by failing to get out of the first round.

Fielder has 15 home runs in his first year with the Tigers, while Trumbo has set a scorching pace of 22 home runs in only his second full season in the majors.

The National League, captained by Kemp, has the Cardinals' Carlos Beltran, the Rockies' Carlos Gonzalez, and the Pirates' Andrew McCutchen. Beltran has 20 home runs and was picked in part due to his past stint with the Kansas City Royals, where this year's All-Star Game is being held. Both McCutchen and Gonzalez are first time Derby participants, with McCutchen replacing the popular Giancarlo Stanton, who is out with a knee injury.

The American League appears to have the edge in experience in power, especially Cano and Bautista, but anything is possible in the pitcher-friendly Kauffman Stadium. The biggest factor could be for left-handed batters, according to The Bill James Handbook 2012's home run factor guide.

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