1:04pm: The move is official, per a team release.
10:00am: The Knicks will request waivers on veteran point guard Ramon Sessions later today, according to Keith Pompey of the Philadelphia Inquirer (via Twitter). Sessions, 31, will receive the remainder of the $2.3MM salary for the 2017/18 season, Pompey adds.
Entering the season with rookie Frank Ntilikina, the Knicks added veteran depth with the signings of Jarrett Jack and Sessions. Sessions started the first three games of the regular season but has since fallen out of the rotation. In 13 games for New York, Sessions has averaged 3.7 PPG and 2.1 APG in 12.8 minutes per night.
Waiving Sessions has been rumored in recent days as the Knicks have pondered calling up fellow point guard Trey Burke from the G League affiliate Westchester Knicks. In 26 games for Westchester, Burke, 25, has played exceptionally well, averaging 26.6 PPG and 5.3 APG in 37 minutes per game.