Four months after beheading American journalist James Foley, ISIS is ransoming his remains for $1 million, according to a new report by BuzzFeed.

Citing sources working as intermediaries for the militants and potential U.S. buyers, reporter Mike Giglio describes "a grim new method of [ISIS] trying to secure funds":

Three sources in contact with ISIS or its associates told BuzzFeed News that it wants to sell the remains of James Foley, the U.S. journalist whose August death was the first in a series of high-profile executions of Western hostages by ISIS hands.

They said ISIS wants $1 million for Foley's body, which it would deliver across the border to Turkey, and that the group was willing to provide a DNA sample to facilitate a deal.

“They ask for $1 million, and they will send DNA to Turkey, but they want the money first,” one of Giglio's sources, a former Syrian rebel fighter, said. “They will not give the DNA without the money.” Another source, however, was more frank about his motivation in helping broker a deal, telling BuzzFeed, "This is business."

ISIS reportedly demanded $100 million for Foley's release before eventually beheading him and releasing the video online.

It's U.S. policy to refuse ransom demands; a State Department official BuzzFeed that they are "seeking more information" about an alleged ransom for Foley's body.

[Image via AP]