Jeremy Pargo #2 of the Gonzaga Bulldogs looks on against the North Carolina Tar Heels during the NCAA Men's Basketball Tournament South Regionals at the FedExForum on March 27, 2009 in Memphis, Tennessee.
Photographer: (Photo by Joe Murphy/Getty Images)
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CLEVELAND - The Cleveland Cavaliers acquired point guard Jeremy Pargo along with a 2014 second round pick and cash considerations from the Memphis Grizzlies on Wednesday night.
The Cavs send the Grizzlies guard/forward D.J. Kennedy in return.
Pargo will serve as a backup to reigning NBA rookie of the year Kyrie Irving. In 44 games last season, Pargo averaged 2.9 points and 1.3 assists per game.
Kennedy appeared in two games for the Cavaliers after signing with Cleveland on April 21.
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