 One of the great American traditions on the 4th of July is the Nathan's Famous Hot Dog Eating Competition held in Coney Island and broadcast on ESPN. Three, two, one, go! I was under the impression we were just going to eat a hot dog, but what the heck, let's go for it! This year, the coveted mustard yellow belt is up for grabs as two of the sport's greatest champions are no longer in the running.