It is unclear whether the new franchise would be an expansion or relocated team, but rumors have swirled for months that the Talons would be sold and moved to San Antonio.
"More power to San Antonio, but that's not us," Talons co-owner and managing partner Paul Ross told the Tulsa World on Tuesday.
Ross insisted the team has not been sold.
He admitted the team is "looking at (two) opportunities outside of Tulsa," but he insisted there are no definite plans.
He said he and the other owners - Henry Primeaux, Michael Johnson, Bill Cameron and David Box - are still expected to meet next week to decide the team's fate.
However, there was more bad news when it came out that a group headed by former Drillers owner Chuck Lamson pulled out of negotiations to purchase a share of the Talons.
The good news today is that, for the time being, the Talons remain in Tulsa.