The Bucks have extended a qualifying offer to point guard Ramon Sessions.

The qualifying offer is worth a little more than $1 million.

"We expected them to do that," said agent James 'Chubby' Wells, the point guard's agent. "Now, we'll have to see how the rest of this turns out."

Sessions will become a restricted free agent on July 1, but with the qualifying offer, the Bucks retain the right to match any offer he receives.