By MICHAEL SCHNEIDER

The case isn't closed on "Law and Order" just yet.

NBC Universal has set up meetings with Turner execs in the coming weeks to discuss the possibility of the "Law and Order" mothership living on at TNT.

According to insiders, Peacock execs are crunching numbers to come up with a license fee that might be palatable to Turner.

Under discussions this spring to bring "Law and Order" back for a 21st season, NBC pitched Turner the idea of splitting an order: Eight originals on NBC, and eight on TNT.

But that plan didn't get anywhere, and Turner released a statement last week that they weren't in talks to acquire the storied franchise.

That's true, they're not in talks — yet. But Turner made a play for "Law and Order" in 2007, and could very well be interested in first-run episodes again — if a deal makes sense.

It might be a longshot. Turner has already paid handsomely recently for Conan O'Brien's new show, and a deal to acquire "Southland" (another canceled NBC show) from Warner Bros. TV wasn't easy, as broadcast and cable economics are very different.

But never underestimate the power of Dick Wolf. Wolf is looking to break the 20-season "Gunsmoke" record, something he'd be able to do if the show continued on TNT.

It's unclear whether NBC U plans to talk to other cablers as well.

For his part, Wolf told the New York Times on Monday that he was seeking “other offers” for the show.

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