The news comes just as Take-Two has announced its fiscal 2011 results. Keeping the noted talent behind much of Take-Two's own bottom line is important, and something mentioned in many of Take-Two's own financial calls. The contracts were due to expire soon, though clearly that will not be happening.
Details of the agreement will never come out, but Take-Two says the new agreement comes on "substantially similar economic terms" to its previous contacts.
L.A. Noire, a collaboration between Rockstar Games and Team Bondi, was just released last week. Max Payne 3 is expected to the next release from Rockstar Games but is not listed on Take-Two's schedule. It is not uncommon for Take-Two to leave Rockstar Games productions off its schedule.