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Having determined that Hi Lo matches would in no way be enhanced by a clinically depressed hostess who'd interrupt the popular pricing game to vengefully accuse announcer Rich Fields of having betrayed her, producers of The Price is Right opted not to go with Rosie O'Donnell as Bob Barker's successor. Instead, TV Week reports, CBS has made an official offer to former sitcom star and improv referee Drew Carey:

Drew Carey has accepted CBS's offer to replace Bob Barker as the new host of "The Price Is Right," sources confirmed.

The plan was to have Carey announce on CBS's "Late Show With David Letterman" tonight.

Carey was offered the position after CBS saw his hosting skills in its new game show "Power of Ten." CBS had no comment.

Carey seems a logical choice for several reasons: His buttoned-down persona suggests the kind of 1950s accountant who might actually care about the exact price of Jiffy Pop, and his likable demeanor would be sure to put nervous contestants at ease. Then again, rumors of his home's spongy-walled sex dungeon hint at the comedian's playful, darker side, and CBS might want to take every precaution to ensure their new employee doesn't get overly handsy with Carey's Cuties while the cameras' red lights are off.