ABC announced at the TV press tour this morning that Modern Family will be back next year for one more season. According to The Hollywood Reporter's Lesley Goldberg, a formal renewal was made after the "adult stars inked rich new deals to return...Modern Family's adult stars — Julie Bowen, Ty Burrell, Jesse Tyler Ferguson, Ed O'Neill, Eric Stonestreet and Sofia Vergara — each inked new deals with 20th TV to return for an 11th run for the 2019-20 broadcast season. The renewal hinged on the studio signing new pacts with young stars Sarah Hyland, Ariel Winter, Nolan Gould and Rico Rodriguez." Deadline reports that some of the young adult stars' negotiations "came down to the wire, with pacts finally closing overnight." Co-creator Christopher Lloyd said jokingly of the renewal: "For 10 years, our characters have bravely faced turning points in life and moved through them to great personal enrichment; we have chosen a different path by doing one more season of Modern Family." Fellow co-creator Steven Levitan added: "Even after 10 years together, we realized there are still some things our writers don’t yet know about each other’s sex lives." ALSO: Jesse Tyler Ferguson on renewal: "For those of you are sick of us, I'm sorry..."