However, in a scrum video filmed by SevereMMA.com at the premiere of his documentary "Notorious", McGregor implied that the UFC would have to sweeten the pot significantly for him to return to the Octagon.
UFC President Dana White says he isn't really a tattoo guy, which might be surprising for an MMA promoter.
"We're planning on it. We are now in contract negotiations and we'll see where it goes".
Get the best sports content from the web and social in the new B/R app.
"Seeing this, it's taking me back and making me realise, if I really, truly want to get back into the fighting - I'm in (the) negotiation stage", McGregor said. "They've got to entice me now because I came from a billion dollar fight".
We have not seen or heard too much from the outspoken McGregor since losing the boxing match against Mayweather, but that does not mean he's been idle in the months following the fight.
'I want equity. I want ownership. I want to be true partners in this, similar to the way I was in the Floyd fight. "I want to be a promoter and I want to be a fighter for me to continue". That must continue for me to continue.More news: Jack Wilshere is ready for England return, says Arsène Wenger
"You have to entice me now".
McGregor is in a slightly more stronger position than the MMA and Pride legend, as he is the UFC's top earner.
McGregor's absence in the UFC has been strongly felt in 2017 with several pay-per-view cards reportedly drawing at record low numbers. Jones' punishment could extend up to four years.
It's a showdown McGregor is interested in as it "could legitimise" his lightweight belt, a title he is yet to defend after winning it in show-stopping fashion against Eddie Alvarez in 2016.
With Duffy looking to make his way to an eventual title shot, "Irish Joe" was asked by Metro.co.uk if he thinks he and "The Notorious" will eventually meet in a rematch for the UFC lightweight title.
"The red carpet and pre interviews and the entire event will be beamed across cinemas worldwide AND nationwide before the film even begins!"