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"I'm going to keep all options open. I'm not going to be one of those 'ooh I'm really not thinking about it.' Of course I'm thinking about it. I'm thinking about a lot of different things," he told a local Fox affiliate on Monday night.

"But right now the best thing I can do for myself and for my piece of mind, and I think for the people of Massachusetts, is just to hang tight and recharge and be active," he added.

Recharging for Brown will include a stint as a Fox News commentator, as well as a position on the board of a Massachusetts paper company. Sources in the state say he is looking into further private sector work, including potentially a position at a law firm.

The former senator was long considered Massachusetts Republicans' best chance at regaining a seat in the upcoming special election to replace Secretary of State John KerryJohn KerryCongress, Trump need a united front to face down Iran One year ago today we declared ISIS atrocities as genocide Trump’s realism toward Iran is stabilizing force for Middle East MORE (D-Mass.), but after running two tough races in three years, Brown decided against launching yet another bid.

His decision not to run shook up the Republican field and left the party with a handful of third-tier candidates to pursue the seat. Democratic Reps. Edward MarkeyEd MarkeyThe Hill’s Whip List: Where Dems stand on Trump’s Supreme Court nominee Overnight Regulation: Senate moves to strike Obama-era internet privacy rules Overnight Tech: Senate votes to eliminate Obama internet privacy rules | FCC chief wants to stay out of 'political debate' on fake news | Wikileaks reveals new CIA docs MORE and Stephen Lynch will face off in their party's primary.

But going into 2014, Republicans are optimistic about their chances to take the governor's mansion. Brown would be a strong contender in the race, and Democrats have a relatively thin bench of potential candidates for the gubernatorial race.