One of the more underrated and overlooked stories in sports right now is the battle going on with the Los Angeles Dodgers and Manny Ramirez. Manny and his agent Scott Boras want at least a five year contract, while the Dodgers want Manny and his agent Scott Boras to look up “realistic” in the dictionary and get back to them.

The Dodgers’ standoff is admirable; finally a club is willing to stand up to a player that probably won’t be worth what he’s asking for in the long run. Manny is a weakness in the outfield, is known for quitting on plays and even worse, quitting on his team. But the guy is still one of the best hitters in the game and given how weak the NL West should be again, the Dodgers would be instant favorites to win the division if they can re-up with Ramirez.

But another battle brewing under the surface is the one between the Dodgers and Giants. San Fran has shown interest in Ramirez, but has balked at his asking price and reports state that they’re no longer a potential suitor. But does anyone truly believe that the G-Men are taking themselves out of the running and just handing Manny over to their rivals (the frontrunners for Ramirez) at a discounted price? Not a chance.

The Giants are several bats away from competing for a World Series title or even an NLCS berth. But they’re seemingly one big bat away from at least competing in the NL West and the postseason. Their pitching staff is solid and they have enough decent hitters in Bengie Molina, Aaron Rowand, Randy Winn and Edgar Renteria (assuming his bat returns to form now that he’s back in the NL) to be a contender if they can sign Ramirez.

The problem is that after they chose not to re-sign Barry Bonds, Brian Sabean and company pledged to rebuild. Of course Sabean then went out and signed Molina, Dave Roberts and Rich Aurilia – all players well into their 30s – so the Giants can’t use the rebuilding excuse as the only reason not to sign Manny. Still, the team finally has chemistry again and tossing a personality like Ramirez into the mix could ruin an otherwise drama-less atmosphere in the clubhouse. And for what? A shot to maybe contend in the West and then lose in the postseason?

The Manny Ramirez battles have only begun and it’ll be interesting to see who cracks first. Ramirez could get tired of waiting for the Dodgers to offer him a long-term contract and take one of their initial proposals for 2 or 3 years. Worried about the Giants making a move, the Dodgers could also start to get antsy and cave to Boras’s demands. Or the Giants, in fear of wasting good pitching for another year, could seize the moment and put the power hitter smack dab in the middle of their lineup.

I’m sticking with my prediction of a few months ago: Manny will return to the Dodgers. The Giants are too freaked out about another Barry Zito-deal and will stick to their rebuilding plan. I imagine L.A. retains Ramirez with a 3-year contract.

Rumor has it that the San Francisco Giants are quietly making a play for free agent Manny Ramirez.

Acquiring Ramirez would come with a number of headaches — from simply having the mercurial slugger on their roster to likely having to trade one of their incumbent outfielders (Randy Winn, Aaron Rowand, Dave Roberts). But all in all, he’d probably be worth it for a team that isn’t all that far from seriously contending. They play in a soft division where 85 wins could easily equal a playoff berth.

That’s especially true when you consider three factors: (1) the market for Ramirez is severely depressed because of the number of all-hit, no-field corner bats on the market, (2) signing him would simultaneously improve the Giants’ offense and weaken the rival Dodgers and (3) it would save GM Brian Sabean from having to engineer a complex trade for a bat that would cost him one of his top young pitchers like Jonathan Sanchez.

I tossed the idea of the Giants being potential sleepers in the Manny Ramirez sweepstakes in early December and as long as they don’t go ridiculous with the length of the contract, I think it would be a great move for club in desperate need of a bat.

As the article suggests, the Giants aren’t that far away from competing because they have such a solid pitching staff, headed by NL Cy Young winner Tim Lincecum. But their lineup is comprised of roll players and lacks major pop. Adding Manny would instantly make Bengie Molina, Randy Winn (if Manny doesn’t push him out) and Aaron Rowand better, and if younger players Pablo Sandoval, Fred Lewis (if Manny doesn’t push him out) and Travis Ishikawa can continue to develop, the lineup would certainly be good enough to win the NL West.

It’ll be interesting to see if the G-Men can steal the Dodgers’ most coveted free agent.

Now that CC Sabathia is set to become a Yankee, the attention will start to turn to finding Manny Ramirez a home. According to YAHOO! Sports, there’s no market for Manny at this point.

The Dodger offer, the only known offer, is for $45 million over two years.

“Was for $45 million over two years,” one Dodgers executive corrected.

It’s off the table, along with the third-year option that, if exercised, would have brought the contract’s worth to $60 million.

The Dodgers are still in on Ramirez. Their offer could be reheated and reserved. But, they could in the coming days or weeks re-sign Furcal and find themselves up to their credit lines in Sabathia, and quickly turn away. So, what of the others out there?

The Angels? Teixeira comes first, Sabathia second. Manny?

“It’s not a likely scenario,” Angels GM Tony Reagins said. “We think there are opportunities we see that are more important at this time.”

The Red Sox? Please.

The Yankees? Sabathia first, then Burnett and Lowe, then more pitching, then Teixeira, then Manny. GM Brian Cashman believes nearly all the problems of recent seasons can be fixed on the mound. They could eventually turn to Manny, but it sounds like a distant priority.

The Mets? GM Omar Minaya loves Manny. But he’s just added Francisco Rodriguez and he needs at least one starting pitcher and his owner is cutting payroll, not adding, say, $75 million over three years.

I thought for sure that the Yankees would lose out on Sabathia and turn their attention to Manny, but obviously it’s a long shot that Ramirez winds up in the Bronx now. A potential sleeper candidate could be the San Francisco Giants. They’ve got plenty of pitching both at the big league level and in the minors, yet absolutely nothing in terms of bats. (Unless you consider Randy Winn, Bengie Molina and Aaron Rowand has heavy hitters.)

Buuuuuuuuuut, I don’t know if the Giants will come up with the money. And compared to their needs in the infield, the Giants need another outfielder like Barry Bonds needs another federal charge filed against him. But if no market is established for Manny in the upcoming weeks, maybe the G-Men will make a move and finally get a true cleanup hitter back in the lineup.