Rep.-elect Patrick Kennedy (L) and Ted Kennedy, Jr. attend the 2012 Ripple Of Hope Gala at The New York Marriott Marquis on Dec. 3, 2012 in New York City. (Stephen Lovekin -- Getty Images)

Ted Kennedy, Jr. issued a statement Monday saying he will not enter a special election to replace Sen. John Kerry (D-Mass.),  President Obama's nominee for Secretary of State.

Kennedy, the son of longtime Massachusetts Sen. Edward M. Kennedy (D), lives in Connecticut but nonetheless had been among the names being floated as contenders for the seat.