Adam Dunn agreed to a two-year, $18.5 million deal Tuesday, three days before he and the Cincinnati Reds were scheduled for an arbitration hearing. Dunn got salaries of $7.5 million for this season and $10.5 million for 2007. The club has an option for a $13 million salary in 2008, which it can buy out for $500,000. The outfielder/first baseman was the Reds' last player left in arbitration. He had asked for the second-biggest salary increase among the 44 major leaguers who exchanged arbitration figures with teams. Dunn sought $8.95 million in arbitration, and the club offered $7.1 million. "This is a happy day for the Reds,'' general manager Wayne Krivsky said by phone. "I haven't talked to Adam, but I hope he feels as good about it as we do. Hopefully is sends a nice message that he's appreciated and we're looking for big things from him.''