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For Drew Carey, The Price Is Right

Drew Carey will replace the recently retired Bob Barker as the new host of "The Price Is Right," the comedian announced during an interview on CBS' "Late Show With David Letterman" Monday night.

"It's a done deal, I'm the new host of 'The Price is Right,'" Carey said.

Carey explained that a possible deal has been in the works for a while.

"They approached me right after I did the pilot for a 'Power Of 10' and I said 'No,'" he said. "A month later they called my agent and said, 'What if we really go after Drew?' We've been negotiating ever since."

He got the good news 15 minutes before he went on stage to do the interview with Letterman.


Photos: Drew Carey
"All I know is all the deal points have been settled," he told Letterman. "My girlfriend was already on the phone with a personal shopper from Bergdorf's."

Carey is not sure when he'll begin the show, but he is looking forward to a long run.

"It's fun doing a show for years and years, isn't it?" he asked.

"Oh, yes it is," Letterman laughed.

Carey is currently the host of the CBS' prime-time game show "Power of 10," which debuts in August.

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