UPDATE 9:24 p.m.
The creator of "The Apprentice" said he cannot legally release footage from the show.
This statement from Burnett comes two days after Buzzfeed News reported that he had threatened to sue any former staff members who leaked the tapes. Burnett also denied those claims Monday, according to CNN.
"Despite reports to the contrary, Mark Burnett does not have the ability nor the right to release footage or other material from The Apprentice. Various contractual and legal requirements also restrict MGM's ability to release such material," said a statement from Burnett and MGM, which owns his company.
Television producer Chris Nee posted to Twitter Sunday claiming that according to "The Apprentice" producers, footage exists of Donald Trump saying the n-word.
In his tweet, Nee mentions a "5 mill" leak fee, which is a clause in each "Apprentice" employees' contract that imposes a $5 million fee for anyone who leaks a video from the show, according to Fortune magazine.
Nee added the Twitter handle of billionaire entrepreneur Mark Cuban, a vocal Trump opponent.
Nee is hoping Cuban could potentially cover the $5 million fee for anyone who leaks the tapes.
Nee's tweets come just a day after former "Apprentice" producer Bill Pruitt suggested that more damaging tapes could come out.
In addition, someone has started a legal defense fund campaign for people who leak Trump "Apprentice" tapes.
Although no footage has been released, inflammatory racial rhetoric would not be inconsistent with things Trump has said in the past.
Trump led a racially-charged attack against the parents of a Muslim-American soldier who was killed while serving in Iraq, and initially hesitated to disavow KKK leader David Duke's endorsement.
He also raised the subject of a judge's Mexican heritage as proof the judge is unfit to rule on a legal case involving the now-defunct Trump University.