"Young and the Restless" fans can relax. Victor Newman is returning to Genoa City.
Sony Pictures Television cut Eric Braeden's salary from $1.5 million to $1 million and the actor opted earlier this month to leave the show. His last episode was to have aired on November 2.
But TheWrap.com was the first to report last night that Braeden, who has played Victor Newman for almost 30 years, has agreed to accept the pay cut and return to the show.
Braeden told Entertainment Weekly just over a week ago that he had "pulled the plug" on negotiations. He also explained that he had taken a 10% pay cut two years ago and had offered during negotiations this year to take an additional cut on top of that, but that it wasn't enough for Sony.