The Cavaliers traded shooting guard D.J. Kennedy to Memphis for backup point guard Jeremy Pargo, Cavs general manager Chris Grant said Wednesday.

Pargo, 26, played in 44 of a possible 66 games last season, averaging 2.9 points and 1.7 assists in just less than 10 minutes a night. The Cavs also received the Grizzlies’ 2014 second-round draft pick in the deal.

“Our approach remains consistent as we try to bring in young talent, create future opportunity with draft picks as potential assets and maintain flexibility,” Grant said. “Jeremy adds depth to our backcourt. He is a young, aggressive, athletic guard who we feel fits well with our style of play, both defensively and offensively.”

Kennedy appeared in two games for the Cavs last season after being signed on April 21. He averaged 6.0 points, 3.5 rebounds and 1.5 assists in 29.5 minutes per game.

The Cavs also visited with unrestricted free agent swingman C.J. Miles (Jazz) on Wednesday, according to a source. Miles is expected to meet with the team again Thursday.