The Memphis Grizzlies traded forward Jarell Martin and cash to the Orlando Magic for center Dakari Johnson.
The deal, which was announced Monday, includes the Magic sending Memphis the draft rights to Tyler Harvey, a 2015 second-round pick.
The Grizzlies will save on salary and luxury tax with the deal, dropping them $473,000 below the luxury tax.
Martin was the 25th overall pick in the 2015 NBA draft and averaged a career-best 7.7 points and 4.4 rebounds last season. He started 36 games for Memphis.
The Magic plan to use Martin in a reserve role behind forwards Jonathan Isaac and Aaron Gordon.
Orlando obtained Johnson in a deal with the Oklahoma City Thunder last week.