The bassist dismissed reports that the Appetite For Destruction line-up of Axl Rose, Slash, Izzy Stradlin, Steven Adler and himself would play the 2012 Super Bowl halftime show.
McKagan told Rolling Stone: "That's bulls**t. Pure, unadulterated bulls**t. But it's a good story. You know, I heard it from my wife! 'Hey, you know the Super Bowl is asking you guys...'.
"I'm like, 'Honey. Really?' Even in my own house, you can't differentiate what's being said on the internet and the real story. I'm like, 'Honey... it's me. You think maybe I'd know about that?'
Asked what it would take for the original line-up to reunite, McKagan quipped: "We'd need seven gilded doves. I have no answer for that. I've got to come up with a good one though. We'd need a secret clubhouse... on an island."