The Cleveland Cavaliers have traded swingman D.J. Kennedy to the Memphis Grizzlies on Wednesday for guard Jeremy Pargo and a 2014 second-round draft pick. Kennedy, 6-6, who spent most of last season with the Erie Bayhawks of the NBA Development League, averaged 6 points and 3.5 rebounds in two games with the Cavaliers. The former St. John's star averaged 15.7 points and 7.3 rebounds for Erie. Pargo, 6-2, played 44 games last season for Memphis, averaging 2.9 points and 1.3 assists as a rookie. The Gonzaga product was signed as a free agent on Dec. 10.