UPDATE: It has been confirmed by Sports Illustrated and ESPN that Manny Ramirez is flying to Los Angeles to meet with Frank McCourt face-to-face tomorrow.

There is still no formal agreement in place, but numerous sources have reported that the two sides have agreed on the general parameters of a two-year $45 million contract.

Not to mention this little quotable from the man himself:

“Tell everyone Mannywood is coming.”

Boras and Colletti can deny all they please until the agreement is final, but there is no hiding it. “Mannywood” is back!

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Ladies and gentlemen, it’s over.

Or so it seems.

ESPN broke the news late Tuesday afternoon that the Dodgers and free agent outfielder Manny Ramirez have finally agreed to a two-year pact valued at $45 million.

This, of course, comes a week following Ramirez’s rejection of a comparable contract offer followed by a media battle between Scott Boras and Frank McCourt.

However, Yahoo’s Tim Brown reported that Boras and Ned Colletti did speak today, but no contract was signed nor any real progress made at all.

Only in a negotiation involving Manny and the Dodgers could the final resolution involve so much drama, but we will keep you posted and let you know if and when the deal becomes official.