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Source: Getty Images

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...

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Source: NBC

On Dec. 8, 1990, Tom Hanks hosted the show for a fifth time, and as part of his opening monologue, he was inducted into the 'Five TImers Club" with several privileges one only attains after they've gotten that billing five times. He's shown to a luxe lounge where five-time hosts Steve Martin and Elliot Gould sit with Paul Simon — who actually has only hosted four times, but has been a musical guest so many times he apparently qualified. 

The bit came back in 1993 when Danny DeVito qualified, and since then it's been trotted out for many a five-timer on the occasion of their fifth hosting appearance.

Alec Baldwin has hosted the most...

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Source: NBC

(L-R): Alec Baldwin, Dwayne Johnson, Tom Hanks

Alec Baldwin became a five-timer on Dec. 10, 1994, and has gone on to host a total of 17 times, making him the most frequent headliner in the show's history. He's closely followed by Steve Martin's 15 and John Goodman with 13 appearances as host — and all three have made countless cameo appearances in sketches in addition to hosting. 

Actor Buck Henry and America's Dad Tom Hanks round out the top five five-timers with 10 and 9 host appearances, respectively. Unfortunately, the Five-Timers' club is kind of a boys' club, though there are a few female inductees: Drew Barrymore, Tina Fey, Candice Bergen, Scarlett Johansson, and Melissa McCarthy. 

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Source: NBC

Steve Martin was both the first to achieve five host appearances and in the shortest span of time, with just one year and 181 days between his first and fifth gigs.

Here's a full list of SNL Five-Timers...

  • Alec Baldwin (17)
  • Steve Martin (15)
  • John Goodman (13)
  • Buck Henry (10)
  • Tom Hanks (9)
  • Chevy Chase  (8)
  • Christopher Walken (7)
    Elliott Gould (6)
  • Danny DeVito (6)
  • Drew Barrymore (6)
  • Tina Fey (6)
  • Candice Bergen (5)
  • Bill Murray (5)
  • Justin Timberlake (5)
  • Ben Affleck (5)
  • Scarlett Johansson (5)
  • Melissa McCarthy (5)
  • Dwayne Johnson (5)
  • Jonah Hill (5)
  • Will Ferrell (5 as of November 23)
  • Paul Simon  (4, plus 8 musical guest appearances)

A few four-timers are waiting in the wings, too. 

Emma Stone has hosted four times and even referenced this fact in her fourth appearance. Cameron Diaz, Lindsay Lohan, Ashton Kutcher, Michael Palin, Eric Idle, Tom Arnold, and Paul Rudd all have four hosting stints under their belts, with Paul being the most recent to get one gig away from earning his smoking jacket.

SNL airs Saturday nights (live!) at 11:30 p.m. ET on NBC.