On Thursday morning, there were a number of reports suggesting that the Polish striker is keen to leave the Bavarians in search of a "new challenge".
Scroll through the gallery above to see Lewandowski in action in Bayern's German Super Cup clash against Borussia Dortmund on Tuesday
However, according to The Athletic journalist Raphael Honigstein, the Bundesliga side is not willing to part ways with their talisman at any fee.
It had also been claimed that the German club had a valuation upward of £100 million (R2 billion) for the former Borussia Dortmund attacker, seemingly designed to dissuade other clubs from making bids for the player, but according to Honigstein, no such price tag exists.
The forward is still viewed as a vital cog in Julian Nagelsmann's team, and broke the late Gerd Muller's record of 40 goals in a single league campaign by scoring 41 times in the Bundesliga last season.
Overall, he amassed 56 goals across all competitions for club and country in the 2020/21 campaign.
Here is UEFA's 12-man shortlist for the 2020/21 Champions League positional awards, including Lewandowski