The New York Post reports that this agreement was set forth on Sunday, a day after US negotiators made a "bridging proposal that was set to establish the ratio of prisoners-to-hostages freed as part of a temporary truce agreement with Hamas."
It is unclear if the proposal being discussed was one suggested by American negotiators, but Hamas is expected to take a few days to make a decision on the agreement.
However senior Hamas official Sami Abu Zuhri said that any deal his terror group accepts should include conditions for an end to the war.
“What America and the Occupation (Israel) want is to regain the captives without a commitment to end the aggression, which means the resumption of war, killing and destruction, and we can’t accept that,” Abu Zuhri told Reuters.
Along with the exchange, Israel has also said it would be willing to allow Palestinian refugees to return to the northern half of the Gaza strip, according to local outlets.
If the deal were to go through, around 90 hostages would still remain in captivity in Gaza.