Iggy Azalea

Rumors have surfaced that a sex tape involving Iggy Azalea exists… and could fetch her millions.

According to TMZ.com, Vivid head Steven Hirsch says he’s seen a video that appears to feature the rap star with an ex-boyfriend… and says it could easily top Kim Kardashian’s legendary tape.

He’s reached out to Iggy to open negotiations on what would be a multi-million dollar deal. However, her camp is saying it’s not her… and she will sue if the alleged footage is released.

Stay tuned…