Ramon Sessions, Knicks Reportedly Finalizing 1-Year Contract

Ramon Sessions and the New York Knicks are reportedly finalizing a one-year contract, according to The Vertical's Shams Charania. 

The 31-year-old averaged 6.2 points and 2.6 assists a game for Charlotte this past season. He appeared in 50 games before he suffered a meniscus tear in his left knee in February that knocked him out for the rest of the year. 

Before going down with the injury, Sessions struggled to make an impact in the Queen City. The Hornets had a minus-4.8 net rating per 100 possessions when he was on the floor, according to NBA.com.

He was also shooting 39.3 percent on his two-point field-goal attempts. Among guards who appeared in at least 50 games, only five players had a worse field-goal percentage on two-pointers, per NBA.com.

The Charlotte Observer's Rick Bonnell reported the Hornets declined Sessions' option for the upcoming season, which would've paid him almost $6.3 million.

Charlotte opted instead for Michael Carter-Williams, which saved the team a few million dollars. USA Today's Jeff Zillgitt reported MCW will earn $2.7 million in 2017-18. Carter-Williams is six years younger than Sessions, so it's hard to argue with the Hornets' final decision.

While the Hornets cast Sessions aside, he could be a solid piece of New York's rotation.

He has averaged 16.0 points and 6.2 assists per 36 minutes over his 10-year NBA career, per Basketball Reference. Although he's a 31.6 percent shooter from three-point range, Sessions can be an effective offensive presence when he's not expected to play for significant stretches at a time.

The market for point guards wasn't exactly flush with depth when free agency began in early July, and all of the best options have now found new homes or stayed with their current teams.

Signing Sessions won't move the needle too much in New York, but he's a cost-effective veteran who will supply experience to a Knicks backcourt that also features Ron Baker and Frank Ntilikina, this year's No. 8 overall pick. 

Through little fault of his own, Knicks fans will likely be lukewarm at best with bringing Sessions aboard, however.

The four-year, $71 million deal for Tim Hardaway Jr. erased a lot of the optimism Phil Jackson's departure had created in the Big Apple. The team also re-signed Baker for $8.9 million over two years, per ESPN.com's Adrian Wojnarowski, which looks like another overpay.

At least the Sessions deal represents something closer to his market value and won't put a strain on the team's payroll. His presence could also be beneficial to Ntilikina's development in his first season.