'The Big Bang Theory' season 11 update
The cast of the CBS comedy series "The Big Bang Theory" pose with their award for Favorite TV Show during the 2015 People's Choice Awards in Los Angeles, California, January 7, 2015. Reuters/Danny Moloshok

As the 10th season approaches its end, speculations about “The Big Bang Theory” season 11 being cancelled are selling like hot cakes. However, there is no sufficient basis on the cancellation. The fate of TBBT reportedly hinges on the career plans of Jim Parsons, but this, too, is unfounded. For its part, CBS has said discussions are under way for the renewal, and it's "business as usual."

The rumours come as early as the April of 2016 when it was alleged that the tenth season could be the last of the show that has been holding the potential of leaving its viewers in splits. It was believed at that time that Jim Parsons, who plays Sheldon Cooper in the CBS sitcom, had told a journo that it was a pack up for the show for good. That being said, the claim soon turned out to be a bogus one, to the utter delight of fans.

Here is some good news, finally. According to an earlier report by Variety, “The Big Bang Theory” season 11 may actually happen, as negotiations between the makers and the leading stars are still underway. Besides, Jim Parsons, Kaley Cuoco (Penny) and Johnny Galecki (Leonard) too are on the list.

“We are in negotiations, but it is definitely business as usual,” CBS president for entertainment Glenn Geller was reported as saying. “We are guardedly optimistic that we will make a deal.”

Now, assuming that the reports were true, it won’t be a child’s play to handle Jim Parsons who is currently engrossed with projects outside “The Big Bang Theory,” and as rumours say, may not be interested in returning for “The Big Bang Theory” season 11. According to a Variety report, Parsons, who has been currently assigned as a consultant and an executive producer of a still-untitled show, is also contemplating his roles as a producer for “The Terranauts,” “Lance 2.0,” “The Monarchy is Going to Sh*t” and “Lakeside VA.”

Apparently, Jim Parsons is the backbone of the show, and hence the future of “The Big Bang Theory" season 11 lies mostly on whether or not he decides to return to play the ever-so-popular Sheldon Cooper. His character has been an integral part of the comedy series and the show just won’t make sense without the actor.

Fans can keep their fingers crossed, meanwhile. Also, be advised that “The Big Bang Theory” season 10 is currently being aired on Channel 9 Now in Australia.