Dunn went unclaimed in the waiver wire and still has almost $20 million to go on his contract through the end of the 2014 season.
He has 26 home runs with 69 RBI and is batting .227 this season but has been hitting better of late, with nine hits in his last 23 at-bats.
According to the report, the Texas Rangers and Baltimore Orioles are two teams that might consider Dunn.
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The Rangers were the team that claimed Dunn's teammate Alex Rios as they look to shore up right field following the Biogenesis suspension for star Nelson Cruz. The chances for a deal there weren't being portrayed as necessarily likely. Rios would be a good fit in Texas, though, and the Rangers showed they are willing to take his contract, which pays him $12 million this year, $12.5 million next year and has a buyout and an escalator in the event of a trade.