Victor Newman Leaving “The Young & The Restless”

UPDATE: Eric Braeden has reached a deal with producers to remain on Y&R…
Victor Newman has bid farewell to Genoa City and actor Eric Braeden is opening up about his famous character’s controversial exit from the CBS soap opera The Young & The Restless.
Victor Newman Eric Braeden Y&R
The reason? Money. Eric’s days as a soap legend are done after the 68-year-old refused to take a paycut for his role as the ruthless and filthy rich mogul on television’s most-watched daytime drama. He will appear on screen for the last time on Nov. 2.

“There is no appreciation of the fact that I’ve been an important part of the show for nearly 30 years that has been no. 1 in the ratings. That’s extraordinary. So to be dealt with in a perfunctory matter as if you had just known these people for a few months is what is most offensive. This is a certain corporate culture now that is very deleterious,” he tells Entertainment Weekly.

Braeden told EW.com that the exit felt “rushed” and that he feels as if he has been let go, although he negotiation with producers continue.

“I’m not saying I’ve been let go – we’re still negotiating. But it feels like that”

Newman isn’t the first major character on The Young and the Restless who has had contract difficulties. Melody Thomas Scott, who plays Nikki Reed Newman on the soap, was written out of the show for two months earlier this year before returning.

Can Y&R go on without Victor?

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