The former Wigan star, who is from the Liverpool area, was linked with the Anfield club before the end of last season. However, while he has admitted that he was made aware of the Reds' interest, Baines has insisted that a move would never happen.
"I was made aware of it, but as far as I am concerned, it was never an option," he said. "When you're from Liverpool, it's either Liverpool or Everton, one and not the other.
"For me, it wouldn't have got beyond the story stage. You are one and you stick with that - you don't do both.
"If you're brought up in the area and know what it means to everyone, you understand it more. Once you know the people and you're a part of it, it's not something you do."
The 26-year-old has made 133 league appearances for the Toffees since arriving at Goodison Park in 2007.