Although the buzz around the NBA is that the New York Knicks are after restricted free agent point guard Ramon Sessions, the New York Daily News suggests that the Knicks may be going after free agent guard Allen Iverson.

Mike D’Antoni is said to favor Sessions, a restricted free agent who enjoyed a breakout season for Milwaukee last year. However, Iverson could be a cheaper alternative because the perennial All-Star is willing to accept a one-year contract that would cost the Knicks their $5.85 million mid-level exception. Sessions, 23, is hoping to receive a multi-year contract starting with the mid-level exception. The Bucks would have seven days to match the offer.

Adding Iverson would be the logical solution for the Knicks because his one year deal would expire, giving them more money to spend on a second max free agent in the 2010 off-season. Signing Sessions would be the opposite, as it would commit $20 million for three or more years. If the Knicks were to get Sessions to sign an offer sheet, the Milwaukee Bucks would have seven days to match the offer.

Iverson has received interest from the Los Angeles Clippers, Memphis Grizzlies, and Miami Heat so far this off-season, but he has said he would prefer a team that he would start for.