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'The Big Bang Theory' update: Jim Parsons, Kaley Cuoco comedy nearing to get renewed through Season 12 on CBS

By Shane Olga Ocampo | Feb 16, 2017 07:59 AM EST
The Big Bang Theory news & update: Jim Parsons, Kaley Cuoco comedy nearing to get renewed through season 12 on CBS
(Photo : Getty Images/AFP) The Big Bang Theory news & update: Jim Parsons, Kaley Cuoco comedy nearing to get renewed through season 12 on CBS

The future of "The Big Bang Theory" is still looking bright. CBS is nearing to close a deal to renew the hit comedy series for two more seasons.

According to a report from Variety, CBS Corp. chairman-CEO Leslie Moonves confirmed on Wednesday that the network is "very, very close" to order two more seasons of "The Big Bang Theory." Should the renewal gets finalized, the comedy series will continue through 2019 and will become one of TV's longest running series.

The deal between CBS and Warner Bros. will cover the renegotiation of contracts among The Big Bang Theory's major players including Jim Parsons, Johnny Galecki, Kaley Cuoco and Kunal Nayyar - whose contracts are due to expire by the end of season 10. Per Deadline, the five lead stars are already in talks with the network to finalize a deal of $1million/per episode.

Mayim Bialik and Melissa Rauch are also in the process of inking new deals.

There's no word yet if seasons 11 and 12 will also be a 24-episode full season. However, there had been rumors that both seasons will be shortened due to the cast members' other projects.

Recently, CBS announced that they are developing a spinoff which will center on a young Sheldon Cooper. Parsons will serve as executive producer for the project alongside Steve Molaro who will pen the script.

"The Big Bang Theory" is currently airing its tenth season on CBS. This week's episode titled "The Allowance Evaporation," will find Sheldon and Amy having their first fight since moving in together. On Raj's orbit, he will be shocked to discover the realities of financial independence when he stops receiving support from his father (guest star Brian George).

Co-created by Chuck Lorre and Bill Prady, "The Big Bang Theory" airs every Thursday at 8PM on CBS.

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