In an interview with WBAZ's Walker Vreeland on Wednesday, the 72-year-old comedian said she was approached about the possibility of returning to the ABC talk show.
"They’ve come to me, and we couldn't make a deal," Behar said.
However, she didn't entirely rule the possibility out, adding, "We'll see how it goes."
"They wouldn't really negotiate well enough for me," she continued. "And so I said, 'No, I'm not coming back.' I mean, if they were giving me a bigger role on the show, and giving me some power to actually make some changes and let them benefit from my expertise after being there for 16 years – but they're not going to do that, so why would I want to bang my head against the wall?"
Behar said her exit from the show "was a fairly mutual decision."
"I'm not always sure why that happened, but I was ready to go," she said. "I had had enough. I think that somebody – I can't mention names – made the decision to change the show for some reason. So Elizabeth Hasselbeck and I both had to leave. There was a decision made at some level – I really am not at liberty to say who or why because I don't know 100 percent the truth of that."
Behar said she still has "spies" who work on the show and claimed that "anything they know, they tell me."
So does ABC want her to return?
"We love Joy and we hope she will be back on the show as a guest or a guest co-host in the future," a rep for the network tells PEOPLE.
Of the show's current lineup, she said she thinks it's "in flux."
Earlier this month, ABC announced that comedian Michelle Collins will join the cast for season 19 after Rosie Perez signs off.
RELATED: Rosie Perez Sounds Off on Life After The View
Former co-host Sherri Shepherd may be returning in a new role as a "contributor," a source tells PEOPLE, and newbies Candace Cameron-Bure and Stacy London are both in the mix.