INDEPENDENCE — It can’t be said that the Cavaliers have done nothing since the NBA Draft.

The team that last week claimed power forward Jon Leuer off waivers from the Houston Rockets made another minor move Wednesday.

Jeremy Pargo

Cleveland acquired well-traveled point guard Jeremy Pargo, a 2014 second-round draft pick and cash considerations from the Memphis Grizzlies in exchange for swingman D.J. Kennedy.

“Our approach remains consistent as we try to bring in young talent, create future opportunity with draft picks as potential assets and maintain flexibility,” Cavs general manager Chris Grant said via a team press release.

“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. We look forward to welcoming him to Cleveland.”

The Cavs have been mentioned in a number of big trade rumors, including one that would have brought Kris Humphries and a first-round pick to Cleveland from the Brooklyn Nets. That would have been part of a bigger trade that would have sent Dwight Howard from Orlando to Brooklyn, but it never happened.

The Cavs were also mentioned in a three-team deal that would have sent Anderson Varejao from Cleveland to Orlando, Howard from Orlando to the Los Angeles Lakers and the Lakers’ Andrew Bynum to Cleveland, but that rumored deal has apparently been put on the back burner, though talks could be renewed at some point.

The lightning-quick Pargo, 26, played in 44 games (5 starts) with Memphis last season, averaging 2.9 points and 1.3 assists in 9.7 minutes. The 6-foot-2, 219-pounder signed with the Grizzlies as an undrafted free agent after spending two pro seasons overseas.

In 2010-11, the Gonzaga product appeared in 32 games for Maccabi Tel-Aviv of the Israel Premier League and averaged 10.0 points, 3.5 rebounds and 6.3 assists. Pargo also appeared in 22 Euroleague games, averaging 13.0 points, 3.5 rebounds and 4.3 assists.

In 2009-10, Pargo played in 27 games for Altshuler Saham Galil Gilboa of the Israel Premier League and averaged 14.1 points, 2.9 rebounds and 4.5 assists.

At Gonzaga, Pargo played in 134 games (103 starts) over four years and finished with career averages of 9.3 points on .465 shooting, 3.4 rebounds and 4.4 assists.

Kennedy, who played for Cleveland in the recently completed NBA Summer League, saw action in two late-season games for the Cavs in 2011-12. He averaged 6.0 points, 3.5 rebounds and 1.5 assists in 29.5 minutes after being signed on April 21.

Contact Rick Noland at (330) 721-4061 or rnoland@medina-gazette.com.