5:21pm: Bondy splashes some cold water on his own report, tweeting that a "well-connected source" refuted the Miles talks. It doesn't look like anything will happen on this front, according to Bondy.
3:34pm: Despite the fact that the Cavaliers have reportedly shopped all four of their 2013 draft picks in various trade scenarios, it appears that Cleveland may not be averse to adding another pick. According to Stefan Bondy of the New York Daily News (via Twitter), the Nets have spoken to the Cavaliers about the possibility of acquiring C.J. Miles for the 22nd overall pick.
For the Nets, Miles would represent a veteran outside shooting threat that could assume a spot in the rotation right away. For the Cavs, the No. 22 pick would probably represent another trade asset for the club to use in a larger deal, though that's just my speculation.
If the two sides were to make a deal this week, the Nets would need to include at least one player in the deal in order to make the salaries work, since Brooklyn has neither cap space nor a trade exception.
Of course, the Nets and Timberwolves have also discussed a deal involving MarShon Brooks and the No. 26 pick, so maybe there's a chance the two negotiations could be combined into a single move. That could allow the Nets to send out Brooks and, for instance, Kris Joseph's non-guaranteed contract in order to take on Miles' salary.