Per Charles F. Gardner, Milwaukee Journal Sentinel
Bucks general manager John Hammond confirmed today he will not match the four-year, $16.4 million offer sheet tendered by the Minnesota Timberwolves.
The Bucks were facing a 4 p.m. deadline to match the offer or relinquish the rights to the 6-foot-3 point guard.
Now the 23-year-old Sessions will join the Timberwolves and could become the team’s starting shooting guard in a tandem with rookie point guard Jonny Flynn.
“We are not going to match the Ramon Sessions offer sheet,” Hammond said today. “As always we will be diligent in looking to improve our roster. We wish Ramon the very best.”
Minnesota quickly turned its attentions to Sessions after failing to sign Spanish guard Ricky Rubio, the fifth overall pick in the June draft. The Timberwolves offered Sessions the multiyear deal he had been seeking, starting with a $3.7 million salary in the first year and escalating to $4.6 in the final year of the contract, which is a player option.