Most fans of The Big Bang Theory should be aware at this point that the cast's contracts are up this season, and they are all negotiating new salaries with CBS to stick around for Season 11. However, as of a few weeks ago, it seemed that The Big Bang Theory was already on track for a renewal. So, why hasn't CBS announced The Big Bang Theory will be back for the 2017-2018 TV season. CBS head honcho Les Moonves recently revealed that there are just a few minor things that are having to be worked out. Here's his direct quote:
We're very close to getting a two-year extension. We're virtually on the 2-yard-line.
That's network speak for close, but no cigar... yet. Speaking at the Deutsche Bank 2017 Media & Telecom Conference (via The Wrap), Les Moonves revealed that it is highly likely at this point that The Big Bang Theory will be renewed for Season 11. The show is super close to the finish line regarding a two-season extension, which means the comedy will likely be back for Season 12, as well. Regardless, the network is not going to make the call until the paperwork is signed and the deal is done.
When last we checked in with The Big Bang Theory, the main cast members---so Jim Parsons, Johnny Galecki, Kaley Cuoco, Kunnal Nayyar and Simon Helberg---were all looking to make some salary changes in order to help out Mayim Bialik and Melissa Rauch, who arguably are significant cast members but who make far less per episode than the rest of the gang. Less than a week ago, we learned that the contract negotiations for Bialik and Rauch were reportedly what has been holding the renewals up. The main cast was reportedly even willing to give up $100K per episode in order to get on the same page with Bialik and Rauch, which was a good sign for the series moving forward.
At the core, it's likely that we will get at least 48 more episodes of The Big Bang Theory before the series gets cancelled by CBS. In the meantime, the network is also looking to sign on for a prequel series starring the young Sheldon. Les Moonves also revealed that comedy is likely to air in that coveted post-Big Bang Theory timeslot should it move forward to series. Tragically, the network is not willing to make a firm call regarding that pick-up, yet either. I'm just hoping we won't have to wait until May to get the official news.