Ramon Sessions has decided to not exercise the final season of his contract and will become a free agent.

Sessions was scheduled to make $4.55 million.

"Ramon has carefully considered this decision," said Sessions' agent, Jared Karnes, in a statement. "He had to make a career decision and ultimately decided to do what was best in providing stability and longevity for him in the NBA, and this could only be achieved through a multiyear contract."

The Lakers acquired Sessions before the trade deadline.