Along with fireworks, parades, and picnics, another Independence Day tradition is Nathan's Famous July Fourth Hot Dog Eating Contest, held annually since 1916. This year’s competition will pit new world record holder Joey Chesnutt against six-time winner Takeru Kobayashi (who is recovering from wisdom tooth surgery). The last time an American won the event was in 1999. $20,000 and the “mustard belt” are up for grabs today in Coney Island. The event will be broadcast live at 12:40PM by ESPN. Link