At last Manchester city agrees to sale Tevez to Corinthians.
A £39m bid from the Brazilian club was rejected last week, with City believed to be holding out for £50m.
However, speaking on the club's pre-season tour of North America, Mancini said: 'We have an agreement with Corinthians but Carlos now is still a City player.'
The Sao Paulo club moved for the Argentina striker after being alerted by Tevez's admission earlier this month that he wished to leave City for the sake of his family, with his two children based in his homeland.
Corinthians president Andres Sanchez last week claimed Juventus had entered the race to sign Tevez but insisted his own club would not increase their offer for the wantaway South American.
Tevez's advisor, Kia Joorabchian, revealed a few days ago that a deal with Corinthians was "close", with the player himself keen on a return to the club he previously represented between January 2005 and August 2006.
The 27-year-old, who joined City from Manchester United in summer 2009 and has also previously played for West Ham, is under contract at City until June 2014.
Asked whether Tevez would now be discussing personal terms, Mancini replied: 'I don't know this. I repeat, at the moment, Carlos is still a City player.'
He added: 'I want to wait. At the moment we are here, we are working with the other guys. We should think about this.'
Defender Joleon Lescott admitted he would be disappointed to see his team-mate depart but understood his wishes.
The England international said: 'We'll be disappointed if Carlos leaves but it was down to the club and Carlos what was best for each other and they have come to an agreement so I wish both parties all the best.
Vincent Kompany admitted that City's players are expecting Tevez to leave, but also acknowledged that no deal has yet happened and Tevez may remain a City player. "He's a great player but players come and go, it happens in football," said Kompany after the game in San Francisco on Saturday.
"The team is bigger than any player. Whether that's me or Carlos or any player who leaves we'll keep moving forward. That's what we've always done. We've had good players leaving in previous seasons and we've always gone forward. He's still a City player for now so I think respect is due but we've had great players, like Robinho and others who have moved on from this club.
"With them it's great, but without them we find a solution. Last season, players got injured and even without them on the team we still moved forward but as long as he's my team-mate, I will defend and support him. That's what we do here."
'Carlos is his own man. Last season he played to 110 per cent every game so none of us will be holding any grudges towards him and we'll wish him all the best if he does leave.'
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