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Howie Mandel's New Deal: America's Got Talent

Howie Mandel, Deal or No Deal NBC/Trae Patton

Howie Mandel just scored a new deal...with America's Got Talent.

The 54-year-old former Deal or No Deal host will sit at the judges table with Piers Morgan and Sharon Osbourne for the show's fifth season, E! News has confirmed.

This announcement follows news of judge David Hasselhoff's departure, who is leaving the NBC show after four seasons to focus on creating his own TV program.

"It's been a rewarding experience, and now I'm thrilled to be able to follow my dream to do my own TV show, which will be announced very shortly," the Hoff said in a statement Wednesday.

Mandel returns to reality TV after giving up his suitcase-toting duties in early 2009, when Deal or No Deal was cancelled.

(Originally published Jan. 9, 2010 at 3:30 p.m. PT)

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