In March 2022, CBS announced it had renewed “The Bold and the Beautiful” for two additional seasons, keeping the series on the air through at least the 2023-2024 television season. What wasn’t known then was that built into that contract was an option to extend the deal to a third year.

Last week, shortly after the network announced it was picking up “The Young and the Restless” for an additional four seasons, it was reported that CBS would be exercising its one-year option for “The Bold and the Beautiful” as well. TV Line, which first reported the news of the extension, noted the current season renewals for the two CBS soaps ran through May 2024.

News of the “The Young and the Restless” renewal caused worry and confusion among fans of “The Bold and the Beautiful,” as they questioned why one show got a four-year pickup and the other only an extension. The matter was addressed at the top of the broadcast of “Bold Live” during the Friday, March 1 episode the popular YouTube series hosted by “The Bold and the Beautiful” supervising producer Casey Kasprzyk.

“Well, the truth is, we are two different shows with two different contracts, two different deals. So it’s not my place to really comment on it other than to say that we’re on a three-year deal, and so the third year was picked up, [which is] the way it works,” commented Kasprzyk within the first three minutes of “Bold Live,” adding, “So next year will be when we negotiate for a brand new contract. So we are currently on a deal that gives us one more year. So we’re on through 2025.”

In closing, Kasprzyk said, “Thank you, CBS, we love being on CBS, and we couldn’t be happier. So we’ll have more news next year, and hopefully, we’ll be here for a very, very long time. So, just wanted to clear that up.”

Kasprzyk’s comments came before Wednesday’s announcement that CBS is developing a new daytime drama series called “The Gates.” Michele Val Jean, a former scriptwriter at “The Bold and the Beautiful” who departed the soap last month after a 12-year run, is spearheading the potential series as showrunner, executive producer and writer.

That said, there is no reason to believe “The Gates” news has any bearing on the future of “The Bold and the Beautiful” on CBS. Additionally, the network has not stated when it hopes to launch “The Gates” should it order it to series. Unlike most primetime shows, a daytime soap opera can take as little as several months to several years before it evolves from an idea to becoming a reality on television screens.

Traditionally, CBS has given two-year renewal orders for “The Bold and the Beautiful.” The most recent renewal in 2022 marked the first time CBS had an extension option built into the contract for an additional year that could be exercised when the time came.

Premiering March 23, 1987, “The Bold and the Beautiful” airs Weekdays at 1:30 p.m. ET/12:30 p.m. PT on CBS, following all-new episodes of “The Young and the Restless.” The late William J. Bell and the late Lee Phillip Bell created both shows, which together have taken home 14 Daytime Emmy Awards for Outstanding Drama Series.

Watch Kasprzyk on “Bold Live” below. The show also includes an extensive conversation with “The Bold and the Beautiful” star Tanner Novlan (Dr. John “Finn” Finnegan).