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Will Ferrell Will Be the Next Member of the 'SNL' Five-Timers Club

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When Will Ferrell hosts Saturday Night Live on Nov. 23, he'll become the latest member of a select group: the SNL Five-Timers' Club. Although the concept originated as a bit in a 1990 sketch with host Tom Hanks, it's since become a coveted honor celebs aspire to attain: five stints hosting the iconic sketch comedy series.

So far, the membership totals 20 (not counting Will Ferrell) with at least eight more four-timers waiting for the call that will earn them their jacket.  

A brief history of the SNL Five Timers' Club...