The 34-year-old has been heavily linked with a move away from Stamford Bridge this summer as he runs down the final few months of his current deal without an offer of an extension on the table.
However, Mourinho's impending return to west London could see Lampard pen a new contract, as the Real Madrid boss is desperate for the England international to be a part of his set-up.
Manchester United were ready to hand Lampard a short-term deal in an attempt to lure him to Old Trafford, with the hope that the offer of Premier League football would be enough for him to forget about his Chelsea loyalties.
Meanwhile, LA Galaxy have offered Lampard - who turns 35 next month - a three-year deal to entice him to the MLS, which could see him follow in the footsteps of David Beckham, if he decided to cross the pond.
Mourinho looks to have been granted his wish by Roman Abramovich, though, as Chelsea prepare to offer the Manchester United target a rolling 12-month contract, putting an end to the speculation that currently surrounds Lampard's future.