Back in March the Cavaliers traded PG Ramon Sessions to the Lakers for a 2012 first-round draft selection which turned out to be pick number 24. Also included in the deal are Cleveland’s Christian Eyenga and Los Angeles’ Luke Walton and Jason Kapono. Kapono was bought out of his deal. Walton’s contract expires at the end of next season.
Sessions has a player option for next season at $4.5 million, and several were critical of the Cavaliers for making the move.
The Lakers failed to get to the NBA Finals with Sessions, and now it appears they will not have his services next season. According to Sessions’ agent (via Sam Amico), Ramon will test the free agent market-
“Ramon Sessions will opt out of his contract with the Lakers, his agent @Jkarnes1 says via Twitter.”
The Lakers will end up with some luxury tax relief from the deal, but little else to show for it. The Cavaliers on the other hand, have an extra asset in the 24th pick. They can choose a player (like Fab Melo for example) or package the pick for something else. Sounds like advantage Cavaliers to me.
[Related: What I think I know about the NBA Draft]