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October 12, 2008 3:42:28 PM CDT

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Drew Carey, Come on Down!

Posted Jul 24, 07 5:00 AM CDT in US,  Arts & Living 

(Newser) – It's official: Drew Carey will be the next host of "The Price Is Right." For weeks he was rumored to be a favored finalist to replace Bob Barker; while filming the David Letterman show yesterday he confirmed that the deal was finalized. It's reportedly a multi-year agreement for a high seven-figure salary.

In choosing Barker's replacement, "likability was huge, as was finding someone who can relate to the contestants and someone who had fundamental respect for the game," said  CBS president Nina Tassler. Carey will also continue to host his current game show "Power of Ten."

Source Variety

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Actor and game-show host Drew Carey arrives for the CBS "Stars Party 2007" Thursday, July 19, 2007, in Los Angeles. (AP Photo/Phil McCarten)   (Associated Press)
In this photo provided by CBS, Late Show host David Letterman, right, listens as Drew Carey announces during the Monday, July 23, 2007 show taping that he will be the new host of "The Price Is Right"...   (Associated Press)
Drew Carey talks during the CBS Summer Press Tour in Beverly Hills, Calif. in this file photo from July 19, 2007. Carey was tapped Monday July 23,2007 to replace silver-haired legend Bob Barker on the...   (Associated Press)
Drew Carey poses for photographs at the 80th Birthday "Sahl-ute" to comic Mort Sahl, at the Wadsworth Theater in the Brentwood area of Los Angeles Thursday, June 28, 2007. Carey is among the candidates...   (Associated Press)
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