With News Corp. in Crisis, a Non-Murdoch Takes a Larger Role – NYTimes.com
As the fledgling Fox network’s chief operating officer, Mr. Carey quickly became Mr. Murdoch’s preferred negotiator.
In 1993, Mr. Murdoch bet Mr. Carey $20 that the network known for “The Simpsons” and “Beverly Hills, 90210” could not capture the National Football League’s primary television rights from venerable CBS. The league had twice rejected Fox’s offers, and CBS had been known for football for 38 years.
Mr. Carey put together a $1.56 billion deal that beat out CBS and put Fox on the map. Mr. Murdoch paid up on his $20 bet.