Under the new deal, the superstars of the game such as Johnathan Thurston, Greg Inglis and Shaun Johnson could expect to earn upwards of $1.5 million a season.
The future of Monday night football is in doubt under the new negotiations because the games are so poorly attended, with an average crowd figure of only 11,250 this year.
Only one match would be held on Friday night under the new deal, with three on both Saturday and Sunday and the new Thursday night football fixture.
All eight matches would be shown live to Australian audiences for the first time, on Fox Sports, with an additional three games to be broadcast live on free-to-air television.
New Zealand audiences already enjoy live coverage of every game via Sky Sports' coverage.
State of Origin, said to be more valuable than even the NRL grand final, will remain on free-to-air in Australia.
New Zealand audiences already enjoy live coverage of every game via Sky Sports, who will need to renew their contract once their current deal ends at the end of the 2017 season.
- AAP