Ibrahimovic, 36, has only made six appearances this season due to injury, and with his contract expiring at the end of the current campaign, it is thought the player will soon make his exit from English football.
However, Galaxy refused to be drawn into discussion over the proposed move and are yet to make any official announcement, although the deal is still expected to be pushed through before tonight's transfer deadline.
Earlier it was reported that the former Sweden global and captain will receive an annual salary of $7.7 million at LA Galaxy and become the highest-paid player in the MLS.
Ibrahimovic turned in many memorable displays, with his two goals in the EFL Cup final win against Southampton particularly impressive.
At the time, many did not know when or if Ibrahimovic would actually return.
Speaking to the Galaxy's official website, Schmid said his club could "maybe" be in for Ibrahimovic, but stressed than any talk at this point is just speculation.
"Zlatan has never mentioned this possibility to me but he is in the a year ago of his contract and, if he wants to move to another club or another country, we will try to help him". In fact, Mourinho even said that the club would "help" him find a new club - if that's what he wants."If it's true and he wants a future at another club we are here to help". He is working hard to be fit.
ESPN television analyst Taylor Twellman first reported the latest link between the Galaxy and Ibrahimovic, though a source cautioned that a deal isn't done.