According to Nikkan Sports, the NPB is set to let the renegotiation window on the Posting System lapse. People close to the situation have told the media that making changes to the Posting System may not be high on the NPB’s list of priorities right now because there is a good chance it will not be used this upcoming off-season and because the MLB is already busy with other discussions. The decision has already been confirmed during an executive committee meeting.
The current Posting System terms are set to expire on October 31, 2016. The NPB and MLB can request for changes up to 180 days (May 5, 2016) before the expiry date. If no requests are made, the terms are set to automatically extend another year.
Source: Nikkan Sports 5/3/2016