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After a long wait, the restricted free-agent Ramon Sessions appears to be on the verge of signing an offer sheet with the Timberwolves.
The Wolves have about $3.7 million of their mid-level exception available as a starting salary to offer Sessions.
The Bucks would have seven days to match but it is believed that they are highly unlikely to do so since they are only $1.6 million under the luxury tax threshold. Wolves' GM David Kahn would add another point guard to his roster after Ricky Rubio's decision to spend two more years overseas.
The Knicks and Clippers were thought to be in the chase for Sessions.
Via The Journal Times