The Valdez Halibut Derby features a $10,000 cash Grand Prize for the largest halibut, $3,000 cash for 2nd place and $1,500 for 3rd place. In addition, the Valdez Halibut Derby features 1st and 2nd place weekly prizes. It all starts with a derby ticket and you can find out where to get one by visiting our Tickets page. The Valdez Halibut Derby week starts on Sunday and runs through Saturday Night! Derby tickets per species cost $10/Daily or $50/Season.