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The waiting and wondering is finally over for restricted free agent Ramon Sessions, who agreed Friday to sign a four-year, $16 million offer sheet with the Minnesota Timberwolves.

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A source with “intimate knowledge of the situation” told Alan Hahn that the Knicks remain interested in Ramon Sessions and that signing the restricted free-agent to an offer sheet is still one of Donnie Walsh’s highest priorities.

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Alan Hahn provides an update on the status of restricted free-agent Ramon Sessions.

“I continue to hear that the Knicks remain the 23 year old’s last remaining legitimate option,” writes Hahn. “The Clippers seem content with their roster and the Bucks just recently made additions (Carlos Delfino and Roko Ukic) that suggest they are ready to move on, as well.”

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The Clippers are talking to the Bucks about a sign-and-trade deal to land restricted free-agent Ramon Sessions.

If the Clippers and Bucks do not reach agreement, the Clippers may seek to enter into an offer sheet with Sessions.

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Ramon Sessions could receive a contract offer from the Knicks as early as Friday, assuming they do not have a change of heart and shift their point-guard focus to Allen Iverson.

Read more on Iverson to Knicks Instead of Sessions?…

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Sources say that Donnie Walsh is ready to offer Milwaukee point guard Ramon Sessions the first Knicks restricted contract of the summer.

The deal would be a modest one, but it would cut into the precious 2010 fund, something Walsh been reluctant to do. But the delay appears to be over the status of Bruce Bowen with the Bucks.

Read more on Knicks Prefer Ramon Sessions…

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A source close to Jamaal Tinsley said that he will commit to the Knicks, even it means accepting less money than other teams may offer, because he wants to be reunited with Donnie Walsh and play in New York.

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The Knicks are preparing to sign Ramon Sessions to an offer sheet using the team’s mid-level exception.

Sessions is a restricted free-agent and the Bucks would have seven days to match the offer, something the Knicks now think the Bucks may not do if the team is ready to hand its point guard duties to lottery pick Brandon Jennings.

Read more on Knicks Target Ramon Sessions…

Bradley Center

After having traded Richard Jefferson to San Antonio, the Bucks are expected to make even more fiscal-savings moves.

The rumor around the NBA is that they are now exploring the possibility of trading veteran point guard Luke Ridnour.

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Milwaukee's Bradley Center

Newly acquired Milwaukee Bucks’ point guard, Luke Ridnour has already gained a fan in his new town. Charlie Villanueva, who will be playing his third season in a Bucks uniform, said he is very impressed by Luke and is looking forward to playing with him this season.

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