Gerrard, 39, is widely reported to be the Rams’ first-choice pick to replace Frank Lampard, should he make a sensational return to Chelsea as manager.
However, the former Liverpool and England midfielder quashed the links in an interview with Sky Sports News, saying: “Yes I’m aware of it but there’s nothing to say on it.
“I’m very happy. It’s a privilege to be the Rangers manager and my focus is on the coming season. It’s very similar to when there is noise around players.
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“I ask them to stay focused on the job and that’s what I’ll continue to do. There’s nothing really to add to it.”
Asked if he still had business to do at Ibrox, Gerrard replied: “Of course. Nothing has changed in my mind.