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Daily Ramon Sessions non-update

Chalk up yet another day that should have seen the Knicks agree to an offer sheet with Ramon Sessions...only to end with nothing.  Don't get me wrong, I don't want the Knicks and Sessions to agree to a deal (unless it's for, you know, $2 million per), but I'm also growing weary of devoting 500 words a day to nothing.  So without further ado, here's today's news (with overly cynical commentary appended):

Star-divide

  • NY Post: Knicks, Sessions near pact
    This may surprise you, but Chubby Wells (do I even have to remind you that he's Sessions' agent at this point?) still thinks a deal is about to happen.  He's been saying it for weeks, of course, but at some point he will sign.  For something.  With someone.  And the Knicks do seem the obvious choice.  Marc Berman also has a corroborating blurb:

    According to a source, Walsh wants to sign Sessions to a long-term deal starting at less than $5.8 million so that his 2010-2011 cap number will be less than $6 million. The source said a number of proposals have been discussed, including a one-year contract.
    Hopefully they didn't spend too much time discussing a one year deal since it's not possible for the Knicks to give Sessions a one-year offer.  Who knows where that came from--hopefully Donnie Walsh and Wells realized that small detail before the started negotiating--but it's always amazing when inaccuracies like that start getting propagated in the media.  It reminds me of when a respected journalist told me earlier in the summer that Sessions was rumored to be looking for $50 million from the Bucks.  The only problem being that the most the Bucks can offer Sessions is six years and $44 million (ie an MLE deal with max length and raises).  The NBA would be a lot better off if teams, agents and media spent more time reading Larry Coon's CBA FAQ and less time copy-pasting all the innaccurate salary info from Hoops Hype.  OK, I'll try to control the nerd rage from here on out.
  • CBSSports.com: Knicks, Lee still at impasse
    Writing late Monday afternoon, Ken Berger at CBS Sports is a bit less bullish:

    The Knicks, determined to hold onto precious 2010 cap space, also are in negotiations with Bucks restricted free agent Ramon Sessions. But a person familiar with those talks said they reached an impasse over the weekend -- although the line of communication remains open. The Knicks and Sessions' camp exchanged proposals on Friday and again Monday, without coming to terms on an offer sheet.
    Berger also has a blurb about David Lee being open to taking the QO, which seems like an obvious move for the Knicks and not so bad for Lee. Sure, I'm holding out vague hopes of that super-double-BYC-sign-and-trade deal I laid out last week, but it's not like that was ever going to be an easy deal to work out.
  • Newsday: Negotiations ongoing
    Alan Hahn of Newsday tweets that stuff is still ongoing.
    Sessions/Knicks still in negotiating stage. No other real comp for Knix, but source tells me the Bucks likely would match up to $3M per.
  • Interview with SNY.TV 
    I did a call-in on Friday with Tommy Dee of the The Knicks Blog for his show on SNY.TV, which you can check out above as well.  We were taping the show on the assumption that Sessions would sign either late Friday or today, but I don't think anything we said ended up sounding too weird despite him still not signing.  All in all, nothing you haven't heard me write in this space before, but thanks to Tommy for having me on.   And I have no idea why I used the phrase "close to the breast"...but don't worry, I realize I'm an idiot.

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Comments

Display:

Session for Lee

Cannot see it happening, because if the Knicks wants to add salary from Jeffries to Gadz, they would just give session the full MLE, since the Knicks does not want to do that, they do not want to take on 2010 salary

The only way is for the Brewers to give back an expiring deal or take a Bigger contract (Curry?)

by a hay on Aug 3, 2009 10:40 PM CDT reply actions   0 recs

Bucks Will Only Match Offer Of $3M Or Less For Sessions

From RealGM

Aug 04, 2009 7:58 AM EST

The Bucks are interested in keeping restricted free-agent point guard Ramon Sessions, but are only willing to match an offer up to $3 million per season.

A source with knowledge of Milwaukee’s thinking told Alan Hahn of Newsday that the cost-conscious Bucks won’t go any higher than $3 million annually.

A sign-and-trade has not been discussed between the Bucks and Knicks, who are very interested in Sessions.

It is believed that the guard’s representation is looking for a deal worth the full midlevel exception (five years and $32 million).

Via Newsday

by Buddahfan on Aug 4, 2009 7:51 AM CDT reply actions   0 recs

I think the Bucks leaked this number

to try to bring the offer sheet down…and that the Bucks might be willing to match at something higher than $3 mil if they believe they can clear salary before the trading deadline.

by hunter11 on Aug 4, 2009 10:25 AM CDT up reply actions   0 recs

Nothing would be funnier than the Knicks low-balling Sessions and then the Bucks matching. Given a Thomas buy-out could save them at least $1.3 million, that would give them at least $3.6 million below the tax to bring Sessions back in addition to possible money-saving moves before the end of the season (as you mentioned).

by Frank Madden on Aug 4, 2009 10:28 AM CDT up reply actions   0 recs

I read that this morning and felt it looked peculiar. I do think the Bucks are in good hands now with Hammonds and teams that are well-run, do not let leaks occur. Unless they want something leaked.

I would love it if the Knicks got too cute with their offer and it was matched.
We’re Bucked

by We're Bucked on Aug 4, 2009 1:51 PM CDT up reply actions   0 recs

Knick Offer To Sessions 'Slightly Less' Than Mid-Level Exception?

From RealGM

Aug 04, 2009 12:53 AM EST

Alan Hahn of Newsday reports that the Knicks have made an offer to Ramon Sessions that is “slightly less” than the team’s full mid-level exception, which starts at about $5.8 million.

Yet Hahn reports that the two sides are “not close to an agreement.”

The Knicks are set to have a large amount of cap room next summer and the team is wary of compromising its free-agent plans by adding too much salary to the 2010-2011 ledger.

Via Newsday

by Buddahfan on Aug 4, 2009 7:52 AM CDT reply actions   0 recs

Knicks: Sessions Makes Sense In New York

From Hoopsworld

 By: Tommy Beer Last Updated: 8/4/09 5:50 AM ET

Let’s tackle the obvious question first: Donnie Walsh’s seemingly solitary mission since taking over in New York has been clearing the maximum amount of cap space possible in order to have enough money to lure at least one superstar free-agents from the much ballyhooed FA Class of 2010 – So why would he burn some of that cash this summer by signing someone to a multi-year contract?

The answer is multifaceted, so let’s dig in:
-——————————————————-
comp story on link

hoopsworld.com/Story.asp?story_id=13500

by Buddahfan on Aug 4, 2009 7:55 AM CDT reply actions   0 recs

Woelfel's latest tweet

“Knicks still covet R.Sessions but want to move a player 1st. Ditto 4 Clippers.”

Good thing we’ve still got three months before the season starts…

by Frank Madden on Aug 4, 2009 10:41 AM CDT reply actions   0 recs

yawn...

wake me up when something is resolved with Sessions.

by hunter11 on Aug 4, 2009 3:13 PM CDT up reply actions   0 recs

Salary cap...

I love the snark. I had the same reaction when I read about this supposed 1 year deal discussion. It’s no wonder people get confused, when there’s so much mis-information out there.

In this world, you must be oh so smart or oh so pleasant. Well, for years I was smart. I recommend pleasant. - Elwood P. Dowd

by Steve Perrin on Aug 4, 2009 1:49 PM CDT reply actions   0 recs

Source: Knicks Will Get Sessions

From RealGM

Aug 04, 2009 8:31 PM EST

Alan Hahn reports on the latest information he is hearing about the Knicks’ pursuit of Ramon Sessions as the team’s next point guard.

“What I have been told is the Knicks want Sessions and they will eventually get him,” Hahn writes. “The price remains TBD.”

Hahn earlier reported that the Knicks were offering slightly less than the team’s mid-level exception, which starts at around $5.8 million in the first season.

Via Twitter (Alan Hahn, Newsday)

by Buddahfan on Aug 4, 2009 8:22 PM CDT reply actions   0 recs

If the Knicks are anywhere close to the MLE it would appear he’s gone. Seems like Chubby’s just trying to squeeze every last dollar out of the Knicks at this point.

by Frank Madden on Aug 4, 2009 8:41 PM CDT up reply actions   0 recs

I think Alan Hahn needs to start taking Chubby’s words with a huge water softener block of salt.

Monday or Tuesday, huh Chubs?

by richardhkirkando on Aug 5, 2009 11:21 AM CDT up reply actions   0 recs

I wonder what GMs think

I doubt they appreciate the way Chubby broadcasts his negotiations through the media…then again, he doesn’t have any other clients so I’m not sure he really knows what he’s doing.

by Frank Madden on Aug 5, 2009 5:23 PM CDT up reply actions   0 recs

Can’t exactly say it’s been bad for his client. Ramon Sessions is talked about more than anyone else these days. With things the way they are, there’s not much he can do except be a rumor dropping pest.

by MadTown Hoops on Aug 6, 2009 11:04 AM CDT up reply actions   0 recs

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