The yankees have a good young SS prospect named Nunez. The trouble for him with the Yankees won't be looking to replace ARod, Jeter, or Cano anytime soon. I believe the Reds could pick him up if they offered Francisco who really doesn't have a place with the Reds. The Yankees could definitely replace Texiera at first with another bat. And the Reds could use a long term solution at short.
The Reds also have others who they could consider to broaden the deal. There really does not seem to be a place for Dickerson. The Yankees are very shorthanded in the outfield after Gardner and Swisher.
Then there are Harang and Herrerra. One of the reasons for Harang's problems could be that he has been a front line starter for five years in the National League. That is a long time. He probably is among the elites longevity wise in the national league. Not having elite stuff though means many batters know all about him. Herrera's stuff also has been learned by patient batters. A different league might help both tremendously. The Yankees could also use a veteran fifth starter and a left hand reliever. I don't know who else the Reds could get from the Yankees, but nunez would be a good start.