from Baseball Prospectus...

The Reds seem less and less likely to make a big move. Every deal for Adam Dunn has been scuttled early by Dunn's option being voided by a deal and by Wayne Krivsky's asking price. One wild scenario that's been thrown out there is a deal with the Yankees, where Dunn could fill in for Jason Giambi and the Reds would get back Shelley Duncan and Jeff Karstens, plus one more prospect. That doesn't seem like the right kind of return, so I'm discounting the rumor, though it does add some credence to another rumor--that of Walt Jocketty to Cincinnati. I'll let you connect the dots.
A lot of people have wondered if Dave Duncan would come with LaRussa and Jocketty here, leaving his son. I think they meant he would if his other son is here.