In a chat with readers today, Joe Strauss of The St. Louis Post-Dispatch said that the Cardinals are currently negotiating with Albert Pujols about a contract extension, though the team won't acknowledge the talks.
Pujols is under contract for $16MM in 2010, and the team holds a no-brainer option worth the same amount for 2011. He has previously stated that he wanted to see how the front office was going to build the team around him before beginning talks, though I'm guessing that giving $120MM to Matt Holliday confirms the club's desire to remain competitive for the long haul.
The National League's two-time defending MVP just turned 30-years-old last month, and you can be sure he and his agent will be looking for something similar to the ten-year, $275MM contract Alex Rodriguez received when he was 32. Pujols' career 172 OPS+ is tied for sixth best all-time with Mickey Mantle, and he's still got plenty of time to improve on that mark.