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Chairman John Bowler rewarded him with the offer of a revised 18-month rolling deal and Davis hopes everything can be finalised by the time he marks his first year in charge on 10 November.
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21st Century Fox confirmed that it has "entered into a preliminary agreement", although there are still a "number of conditions" before a deal can be finalised.
It is hoped the details can be finalised before the end of the year.
The US Department of Justice must also rule on the takeover before it can be finalised.
In addition, proposals can be finalised within Salesforce, including using Quote Roller's analytics and digital-signature features, without leaving the app.
The troika will also have to approve Greece's budget for next year before it can be finalised.
However, if extra funds can be found it is hoped full agreement over Anne Budge's proposed takeover can be finalised by the time the season ends.
Everything can be fixed.
Everything can be found, and everything can be returned.
Everything can be shared.
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CEO of Professional Science Editing for Scientists @ prosciediting.com