The Cincinnati Reds signed Adam Dunn to a two-year contract on Monday that includes a team option for a third year. From the team's official website:
Dunn and the club were scheduled to have their arbitration hearing this Friday in Florida.
By securing the slugger's rights through 2008, the club appears to have targeted him as an important cornerstone player, which should effectively end all of the trade rumors that had been swirling around him. With Sean Casey being dealt to Pittsburgh over the winter, Dunn will make a permanent move to first base this year, with Ken Griffey, Wily Mo Pena and Austin Kearns holding down the outfield.
Few players possess power like Dunn, who has hit at least 40 home runs, driven in 100 runs and scored 100 runs over each of the past two years. But as his fantasy owners know, anything better than a .250 batting average from him is pure gravy.
Reds hold Dunn's rights for three years [MLB.com]