Can we all muster up one big, "Welcome back, Ed Asner!"? The 'Mary Tyler Moore Show' veteran is heading back to TV in a new CMT sitcom.

According to Live Feed, Asner will star in 'Working Class,' CMT's first scripted series, opposite 'Reba' star Melissa Peterman.

In the series, Peterman, a blue collar single mom, moves her family to the suburbs. There, she meets her curmudgeonly neighbor played by Asner. This is Asner's first series regular role since 'Studio 60.' He'll also appear as Warren Buffett in HBO's 'Too Big to Fail.'

"We are thrilled to have the iconic Ed Asner join Melissa and our entire cast as we launch our first sitcom," Brad Johnson, senior vice president of development at CMT, said. "Asner is synonymous with legendary television, and we know he will bring a classic comedic edge to our fresh family sitcom."

Steve Kazee, Patrick Fabian, Lachlan Buchahan, Cameron Castaneda and Courtney Merritt round out the cast. The 12-episode season 1 of 'Working Class' will launch in January.

• MTV host and pro BMX racer T.J. Lavin's condition is said to be improving after his accident. Lavin's mother told friends via text messages that her son was able to move his hands. [People]

• Jason Lee will appear on 'Raising Hope.' The former 'My Name is Earl' star will guest as a washed-up rocker who performs at Sabrina's grocery store. This will reunite Lee with 'Earl' creator Greg Garcia. [Zap2It]

• CBS has picked up a medical drama project from Denis Leary and Jim Serpico. The drama follows three doctors, who are all med school classmates, returning to their alma mater to work at the university's hospital. [Hollywood Reporter]