The Big Bang Theory: Renewed for Season 11 & Season 12 on CBS

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CBS Corp. CEO Leslie Moonves recently said that the newly ordered Big Bang Theory spinoff Young Sheldon - which is narrated and exec produced by Parsons - would likely secure that prime time slot next season.

News reports and words from the head of CBS had indicated "The Big Bang Theory" was on its way to a two-season renewal that would carry it through the 2018-19 season. The five principal cast members - Jim Parsons, Johnny Galecki, Kaley Cuoco, Simon Helberg and Kunal Nayyar - will be paid equally for the length of this contract, around $900,000 per episode.

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According to Deadline, Bialik and Rauch still have not finalized new deals, but both are expected to do so imminently (with each commanding roughly 500K an episode, vs. $900K for their co-stars). Observers expect Rauch and Bialik to end up around or north $500,000. As actors who joined the series only in Season 3, Bialik and Rauch were making considerably less - approximately raking in $200,000 per episode - prior to the new negotiations. What's more, Big Bang, the most watched comedy series since 2010-11, is still packing the elusive live audience, averaging more than 14 million live viewers for an original telecast. That, however, pales in comparison to the money that the series has made in syndication - a little under $1 billion so far. Chuck Lorre and Steven Molaro, who produce Big Bang, also will produce Sheldon.

Big Bang has won four Emmy Awards for for star Jim Parsons. With fans eagerly watching, the next move will be on production company Warner Bros.to cut a big check.

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