Greg Floyd (Photo: Facebook)

Less than three months after he filed papers to run for mayor in 2013, Teamsters union President Greg Floyd told Capital Tonight's Liz Benjamin he's not actually going to enter the race. "Six weeks ago I made a decision, along with my executive board, we had a discussion, that I would not be running for any public office in New York City,” Mr. Floyd said. “And I’ve since ceased any campaign finance raising. ... I’m telling you I am not going to be a candidate for any city office in 2013.”

Mr. Floyd said he made the decision to abort his young campaign because he's "needed right here as a labor leader in New York City."

"I’ll leave the politics to other people. I’d rather be on this side and be an advocate than be a political leader in this day and age," Mr. Floyd said. "And I think at this time I’m suited for what I’m doing.”

Mr. Floyd's decision may also have something to do with the fact he lives in Long Island and would be ineligible to run for mayor without making a move to the five boroughs. Earlier this fall, we found widespread speculation among insiders that Mr. Floyd's improbable candidacy was being encouraged by Mayor Bloomberg in order to siphon support away from rivals of the mayor's chosen successor--Council Speaker Christine Quinn.