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7/24/2014 1:28 P.M. ET

O's acquire Minor Leaguer Paredes from Royals

The Orioles acquired Jimmy Paredes from the Royals for cash considerations on Thursday, and the utility man has been optioned to Baltimore's Triple-A Norfolk affiliate.

Paredes, 25, hit .305 with five home runs and 36 RBIs in 65 games for Kansas City's Triple-A Omaha club this season, and he was 17-for-18 in stolen-base attempts. Over eight Minor League seasons, he has 183 stolen bases.

Paredes has appeared in 127 career Major League games with Houston (2011-13) and Kansas City ('14), batting .233 with three home runs, 31 RBIs and 13 stolen bases.

Paredes was designated for assignment on July 16 to make room for newly acquired reliever Jason Frasor on the Royals' 40-man roster.

Joey Nowak is a reporter for MLB.com. Follow him on Twitter at @joeynowak. This story was not subject to the approval of Major League Baseball or its clubs.