A number of European clubs are believed to be considering a move for the USA international, but the 21-year-old is hoping the reports will not have a negative impact on his MLS form, despite confirming that there has been contact from interested teams.
"It's moving along, we're excited and we're trying to find the right situation," Yedlin told ESPN. "The main thing for me right now is focusing on Seattle.
"I think if I get caught up in what's going on in the other side of the pond then I'm going to get too distracted, and it's going to hurt my performances.
"What makes a good pro is being able to put those distractions away and really being able to focus on what's going on right now, and then maybe in the future, more of those opportunities come along."
Yedlin played three times for the USA at this summer's World Cup.