It does set up a convenient excuse for him to bow out.
Which brings up a couple of interesting secondary questions --
(1) Would this move cost him a second brand new lake house or would it earn him a second brand new lake house?
(2) Who would he endorse? -- Hillsy? Or perhaps the better question is - would anyone want it? An endorsement from him might help you in the primary, but it would hurt you after that. No doubt Beto y Los Hermanos Castros would gobble it up - but not sure about the rest of them.