The Bucks are interested in keeping restricted free-agent point guard Ramon Sessions, but are only willing to match an offer up to $3 million per season.

A source with knowledge of Milwaukee's thinking told Alan Hahn of Newsday that the cost-conscious Bucks won't go any higher than $3 million annually.

A sign-and-trade has not been discussed between the Bucks and Knicks, who are very interested in Sessions.

It is believed that the guard's representation is looking for a deal worth the full midlevel exception (five years and $32 million).