The Miami Heat have sent guard Mario Chalmers to the Memphis Grizzlies in exchange for veteran Beno Udrih.

Tuesday's four-player trade saw forward James Ennis join Chalmers in Memphis, while Jarnell Stokes made the move to Miami alongside Udrih.

Chalmers had spent his entire career in Miami following the 2008 Draft, winning two NBA championships with the Heat.

The 29-year-old averaged 8.8 points, 3.8 assists and 2.4 rebounds in 525 career games for the Heat.

"This is a tough day for myself and the organisation in trading Mario Chalmers and James Ennis," said Heat president Pat Riley.

"Mario was a part of two championships with us and Ennis is a solid young player, but it is part of the business and it was a move necessary to make because of our crowded backcourt.

  Well Miami it's been real. Thanks for everything again but it's on to the next. Grizzlies gang here we come A photo posted by Mario Chalmers (@mchalmers15) on Nov 11, 2015 at 3:03am PST

"We feel that it is in the best interest of Mario and we want him to be successful and be a part of a good team. We wish them nothing but the best."

Slovenian Udrih - averaging 8.7 points and 3.5 assists in 12 NBA seasons - is set to represent his seventh team in the league.

The 33-year-old spent a year with the Grizzlies, having previously played for the New York Knicks, Orlando Magic, Milwaukee Bucks, Sacramento Kings and San Antonio Spurs since 2004.

Riley added: "We would also like to welcome Beno Udrih, an accomplished veteran and someone that has play-off and championship experience, and the addition of Jarnell Stokes, a young player that we would like to develop."

Meanwhile, the Heat handed down a two-game suspension to forward Gerald Green for "detrimental conduct".