For the first time in awhile, the headline today is that a Democrat is taking his name OUT of contention for Pa. Governor. Philadelphia Businessman Tom Knox has ruled out a bid for Guv, but is keeping his options open for Philadelphia mayor.

“After careful consideration and many discussions with people whom I deeply respect, I am seriously considering a run for mayor of Philadelphia in 2015,” he said. “Consequently, I am making it clear today that I am not a candidate for governor, despite the well-intentioned hopes of others that I would ultimately run.”

Knox ran for Governor in 2010 but dropped out before the primary. He lost to Michael Nutter in the 2007 mayoral primary. His past runs have been propelled in part by personal wealth; he made millions on the business side of the insurance industry.

In February, he reiterated his interest in the gubernatorial campaign via the announcement that he was hiring Frank Keel as a spokesman. Keel is well connected to Philly organized labor, particularly IBEW Local 98.

But with keen interest from other southeast Pa. Democrats to challenge Gov. Tom Corbett – namely Treasurer Rob McCord and Rep. Allyson Schwartz – his path to victory was not clear.

“My home and my first love has always been the City of Philadelphia. For several months now, I have been encouraged by my fellow Philadelphians far and wide to take a serious look at the mayor’s race,” he said.