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THIS Is Why Peter Kraus Is Not The Next Bachelor!

| Filed under: TV NewsReality TVInstagramThe Bachelor/ette

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Say goodbye to the gap tooth, ladies!

As we reported, on Thursday morning, GMA broke the news that the next Bachelor is Bachelorette season 8 runner-up Arie Luyendyk Jr.!

After the shocking announcement, fans were puzzled as to why Bachelorette season 13 runner-up and fan favorite Peter Kraus wasn't chosen.

Related: Who Is The New Bachelor, Arie Luyendyk Jr.?

According to ET Online, the silver-haired hunk was in the running, but things changed at the last minute.

Last Thursday, GMA tweeted they were going to reveal the next Bachelor "tomorrow." Minutes later, the tweet was deleted. As seen here:

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According to an insider, in the past week, the business owner was on "lockdown" which means he was in the final stages of negotiations.

"Peter had been on lockdown for the past week or so, even friends couldn't get a hold of him."

But on Wednesday, hours before the actual reveal, a source said:

"It's not looking good for Peter [to be the Bachelor] right now."

The insider says Kraus accepted the role, but then wanted more out of ABC. After that, the network "lost interest" and went with Arie.

While fans are disappointed with the ultimate decision, Rachel Lindsay's ex is "doing fine."

"Being the Bachelor wasn't something he was building his whole world around… The major desire wasn't there for him… Peter wasn't in this for fame or fortune… He wouldn't have been the Bachelor just for a platform, and his stance hadn't really changed when it came to an engagement."

Now that Luyendyk is confirmed, production is eagerly working on the next season.

"Producers feel like Peter was a great guy, but Arie is really genuine too. Now the focus is on casting the women… Casting is still underway, and now women know it's Arie, so they can really decide for themselves if they want to pursue him."

Late Thursday, Peter posted a touching message on Instagram expressing his gratitude toward ABC and the Bachelor franchise for showing him "glimpses of a life I never once dreamed that I could have."

Read his full post (below)!

#tbt to the most incredible journey of this life time that has now officially come to an end today. As I sit here writing this, I struggle to hold back the tears as I am overcome with emotion one last time. First and foremost.. @therachlindsay , there are so very many things that I've wished I could say to you since the day we parted ways in Spain, but for everyone's sake, I'll keep it short… You gave me a chance and all that I can say is thank you. I have a heart filled with love for you now and always and wish you nothing but the best in your life and love ahead. ABC, you saw something in me, but something held me back. You treated me with such love and kindness and showed me glimpses of a life I never once dreamed that I could have. I will be forever humbled and grateful and will always look back at these last 6 months with an ear to ear smile, knowing that this has truly been a very special life indeed. Upon leaving the @bacheloretteabc I was asked, "what did you learn about yourself during this process?" And at the time I naively said "nothing that I can think of." Now… looking back… I realize I learned one of the single greatest teachings of my life; When you let uncertainty or fear guide your decisions, you risk missing out on what could potentially be the greatest opportunity of a life time. So live dangerously, live without the fear of the unknown, and continue to live and love with a heart that is truly open to anything. #thankyou #lovealwaysA post shared by Peter J Kraus (@peterkrauswi) on Sep 7, 2017 at 2:08pm PDT

[Image via Peter Krause/Instagram.]

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