The Nathan's Famous Fourth of July hot dog eating contest will be down one dog this year. Major League Eating announced Tuesday that it's parting ways with 16-time champion Joey "Jaws" Chestnut ahead of this year's competition, hosted by Nathan's Famous . Joey Chestnut holds the Guinness World Record for eating the most hot dogs in 10 minutes, a title he won at the annual hot dog eating contest in 2021. Nathan's Famous Hot Dog Eating Contest in Coney Island, New York, is a Fourth of July tradition and broadcast nationally on ESPN. It's also a marketing strategy for Nathan's Famous, whose signature offering, the hot dog, is on a decline.

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Persons: Joey Chestnut, Frankster, Joey, Nathan's, Chestnut, MLE, Richard Shea, It's Organizations: League Eating, CNBC, New York Post, Impossible Foods, Labor, ESPN Locations: Manhattan, New York City , New York, U.S, Coney Island, Coney Island , New York