According to Enrique Rojas of ESPNdeportes.com [1], Manny Ramirez has come to terms with the Dodgers on a two-year, $45 million deal. The report cited a "source close to the negotiations." Agent Scott Boras, however, subsequently denied to the L.A. Times [2] that a deal was in place. Ramirez himself spoke to the L.A. Times [3] and seemed to think that he would return to the Dodgers, saying, "Tell everyone Mannywood is coming."
Links:
[1] http://sports.espn.go.com/mlb/news/story?id=3949705
[2] http://latimesblogs.latimes.com/sports_blog/2009/03/manny-ramirez-i.html
[3] http://www.latimes.com/sports/la-sp-simers-manny-ramirez4-2009mar04,0,800468.column?page=2