University of Nebraska Regent Tim Clare of Lincoln said Monday he won't be a candidate for governor in 2014.
"I am flattered to have been in the discussion," Clare said. "But I've decided to stay where I am right now."
Clare, a Republican, said one of his sons will graduate from high school in May, and another will be a high school senior next year, "and I need to be a parent for them and be there for their activities."
That was the overriding question, Clare said: "Is it the right thing for my family?"
In addition, he said, he believes he needs to fulfill his commitments as a regent -- he is chairman of the board -- and as a member of the public board overseeing construction of the Pinnacle Bank Arena, as well as his commitments to clients in his law practice.
Leaving the Board of Regents and the arena board now would create "somewhat of an unfinished-business feeling in my mind," Clare said.
"I want to see these projects through to completion."
Clare said he will seek re-election to the Board of Regents in 2014.
His decision marks the departure of the third big name from the potential Republican gubernatorial field.
Speaker of the Legislature Mike Flood withdrew after his wife, Mandi, was diagnosed with breast cancer, and former Lt. Gov. Rick Sheehy departed after his resignation from office in the wake of an Omaha World-Herald report about his personal behavior.
Clare took a fresh look at a possible gubernatorial bid in view of the wide-open race.
State Sen. Charlie Janssen of Fremont entered the GOP contest Monday.