The 28-year-old England midfielder is alleged to have turned down a contract extension that would have made him Chelsea's highest earner with wages of £131,000-a-week.
But the player's agent, Steve Kutner, is adamant that no talks have taken place with Chelsea because Lampard and the club's chief executive Peter Kenyon have not been free to set up a meeting since the end of last season.
Lampard has been linked with both Barcelona and Juventus in the last week but will join the rest of the Chelsea squad for their tour of America next week.
Kutner will not be going with him but insists there is no cause for panic.
Kutner declared: "The three of us haven't had a chance to have talks. There has never been a time when the three of us have been free as Frank has been on holiday and Peter has been away. But nothing has changed. Frank has always said he wants to stay at Chelsea for the rest of his career.
"He will join up with Chelsea's tour next week and will be as committed as ever. Nothing can get sorted out until he gets back, but there is no rush."
Chelsea are on the brink of selling defender Geremi to Newcastle for £2million but are also trying to persuade Dutch winger Arjen Robben to sign a long-term extension to his current contract.
Real Madrid continue to show interest in the Holland international but Robben, like Lampard, insists he wants to remain a Chelsea player.
Lampard's situation is unlikely to be sorted out until next month as, after their American tour, Chelsea have friendlies at Feyenoord, Rangers and Brondby.