Red Sox slugger (and head case) Manny Ramirez comes to the Dodgers outfield in exchange for highly rated 3B prospect Andy LaRoche and a minor league pitcher, with possibly other considerations such as Boston paying Ramirez's salary. Manny is a free agent at the end of the season. It looks to be part of a three-way deal that sends Jason Bay to Boston from Pittsburgh, with LaRoche staying in Pittsburgh to play with his brother Adam. Manny should be fun to have around for a bit, if he feels like playing — he does have 510 career homers after all. But with him standing in left and Casey Blake waving at grounders past third, opposing hitters could be aiming at that left side. ESPN
2:05 pm update: The LATimes.com headline says 'Dodgers sign Manny Ramirez," but I can't tell if they know something the paper isn't yet reporting about Ramirez signing a new deal, or if it's just another mistake.
2:25 update: The LAT's Bill Shaikin confirms the trade, based on sources. No word of a signing.