NOTE: Updated 12/11/2011 to correct the omission of Los Angeles Dodgers CF Matt Kemp & his $160M contract.
Jose Reyes and Albert Pujols received the 30th & 31st contracts of a $100M or more ever to be handed out in MLB. Making them members of the exclusive $100M MLB Players Club though Pujols was already a member being only the 2nd player (the other being Alex Rodriguez) to be in the exclusive club list twice.
Pujols latest contract ($254M) ranks 2nd only to Alex Rodriguez who heads the list at $275M. Reyes ranks 27th on the list. Reyes is the 4th shortstop to join the $100M MLB Players Club. The other 3 are Alex Rodriguez, Derek Jeter and Troy Tulowitzki.
Prince Fielder many believe will be the next player to join what soon may be a not so exclusive club.
*** Since the last update to this post back on 12/11/2011 2 players have been added to the $100M club. They are Prince Fielder with a 9 year $214M contract and Ryan Zimmerman with a 6 year $100M contract extension.
**** Updated again on 10/25/2012 to add 3 players. Matt Cain with a 6 year $127.5M contract, Cole Hamels with a 6 year $144M contract and CC Sabathia and his 5 year $122M contract.