The Arizona Coyotes say they're staying put.

The team vehemently denied a Forbes report on Thursday citing an unnamed banking source that the Coyotes are up for sale "with the idea of [a] buyer eventually moving the team to a new arena in Houston."

Arizona quickly issued a statement in response.

"This is false. Totally false," the statement read. "We're not selling. We're not moving. The Coyotes are 100 percent committed to playing in Arizona."