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Barnes told the Daily Telegraph: "We are in discussions with our lawyer and our lawyer is in discussion with the London Speaker Bureau, who we booked him through."
This comes after Hunter's performance at the ceremony on Sunday evening caused great controversy, with the American using the word "n*****" several times during his set, just as he regularly does during his acts.
The use of the word proved to be quite unpopular with several members of the audience, including a number of professional players, and dozens of complaints have already been made to the PFA from angered guests.
PFA Chairman Clarke Carlisle was particularly outspoken about the decision to book Hunter, saying: "I'm embarrassed and I apologise unreservedly to any who were offended."