News Limited is reporting Nine Entertainment bought the boy's story in an exclusive deal worth between $200,000 and $300,000.
But the family's media adviser, Grant Vandenberg, would not confirm if a deal's been made, saying he just wants to get the family and the boy home to Australia as soon as possible.
Reports say Nine Entertainment bought the story, with the rival Network Seven also bidding for the boy's story.
On Friday, the boy made an emotional plea to be allowed to return home and promised an Indonesian court he would never smoke marijuana again.
The teenager, from Morisset Park near Newcastle, was indicted last week on three charges, including one of possession, which carries a maximum term of six years in prison for juveniles.
The boy will have to wait almost a week to learn his fate with prosecutors now expected to present their sentence request to the court next Friday.
After the second day of the trial, the chief prosecutor refused to rule out requesting a custodial sentence, but is considering asking that the boy be ordered into rehabilitation, which would see him avoid a jail term.
Bali boy 'in six-figure sum TV deal' : World News Australia on SBS
Seems like a dumb move, as it seems to be presuming his release. But judges don't like anyone presuming anything.
Sound like dirty money, profiting from crime, which is illegal in Australia.
I would recommend turning the money over to the Balinese legal system to pay the 'legal fees' otherwise there are sure to be complications now everyone is aware of this large sum.