Here's what you need right here, and it happens to be 20% off for another 5 days:
https://www.sweetwater.com/store/det...e-expired-plan
This gets you a new perpetual license, and a year of support and upgrades. If you want to renew that, then it's $99 per year after that.
If you don't renew and leave it be for a few years, then you would pay for the reinstatement plan just like you are now.
Note that even if you don't renew, you still have a perpetual license that is frozen at whatever features/upgrades you had when it expired.