The dodgers aren't confirming it because he needs to pass a physical. here's the article,
LAKE BUENA VISTA, Fla. -- The Dodgers apparently are on the verge of acquiring the power pitcher they've coveted, as free-agent right-hander Jason Schmidt on Wednesday told former Giants teammates he accepted a three-year, $47 million offer to pitch in Los Angeles.
In acquiring Schmidt, Dodgers general manager Ned Colletti would succeed in a key step of his offseason Plan B -- accumulating surplus starting pitching that not only improves his starting rotation, but could lead to the culmination of Plan A, a power hitter.
The club would not confirm the deal, which would be contingent on Schmidt passing a physical exam. Schmidt's physical condition is no secret to the Dodgers, who recently hired his trainer with the Giants, Stan Conte. Colletti also has familiarity with Schmidt, having helped acquire him as the Giants' assistant general manager.
In Schmidt, the Dodgers not only would get an ace, but take one away from the Giants, a National League West rival. Schmidt, who turns 34 in January, went 11-9 with a 3.59 ERA in 2006, making 32 starts and throwing 213 1/3 innings. He had three complete games, more than the entire Dodgers' staff. In 12 Major League seasons, he has a 127-90 record and 3.91 ERA.
The three-time All-Star would head a rotation that includes Derek Lowe, Brad Penny, Chad Billingsley and Randy Wolf. In addition, the Dodgers have starters Mark Hendrickson, Hong-Chih Kuo and Brett Tomko on their roster. Speculation is bound to include Penny and/or Hendrickson in future talks for a hitter.
The Dodgers apparently won a bidding war that included the Seattle Mariners, Chicago Cubs and St. Louis Cardinals. Schmidt's best seasons were 2003-04, when he went 17-5 with a league-leading 2.34 ERA and 18-7 with a 3.20 ERA. He is coming off a contract that paid him $10.5 million in 2006.
so, it's pretty much a done deal. I hope.
Also, on the Dodgers forums theres an article about the dodgers getting Manny. Manny, for Penny, broxton and a third blue chip prospect. Whether, thats Loney, laroche or kemp I don't know. Theo Epstein said he turned down a deal with kemp. So i dont think it's going to happen.