Legal representatives of the Australian rapper Iggy Azalea have said she might indeed be in the alleged sex tape for which she was offered a deal, gossip website TMZ reports.

The rapper initially denied being in a sex video, but now her legal team has said that any video in which she appears and that is being shopped to an adult entertainment company is the work of a "spurned business suitor."

Azalea's camp claimed the person behind the surfacing of the video is a former boyfriend of the rapper who, according to them, wants to damage her career and reputation. The alleged perpetrator appears in the video with the rapper.

Azalea's representatives also claimed that she was a minor when the footage was shot. They also said the video was possibly taken "without her knowledge or consent."

These claims would prove to be legal hurdles for the parties wanting to release the tape and make a profit out of it, TMZ notes.

The rapper's camp initially denied that she is featured in any sex tape. This came after Steven Hirsch, head of adult entertainment company Vivid Entertainment, reached out to Azalea's camp to open negotiations for a possible commercial release of the footage.

Hirsch told TMZ that he has seen parts of the video and, from what he saw, believes the rapper could earn millions from it. He also said it might exceed the sales of the commercially available sex tape of model Kim Kardashian and rapper Ray J, which his company released.

Azalea earlier took to Twitter to address the alleged sex tape.

"Obviously I've seen the news feed today and I just want to say... I don't have a sex tape but for the record... Anyone who releases or attempts to make profit off someone else's intimate moments against her will is a sex offender," Azalea said in a series of tweets, as collated by Billboard.