Alexis Sanchez will be fit for Arsenal's FA Cup final date against Aston Villa.
Sanchez will delay linking-up with Chile's national team ahead of the Copa America in his homeland.
Gunners boss Arsene Wenger said: "We've got an agreement they won't call him up for the final.
"But the Copa America is not good news because they finish very late. If they go very far he will miss the start of the season."