Originally posted on Rumors and Rants  |  Last updated 3/15/12

The Los Angeles Lakers have been looking to upgrade their point guard rotation ever since the NBA rejected a proposed trade for Chris Paul back in December. On Thursday just before the NBA’s 3 p.m. trade deadline they did just that.

The Lakers swung a deal with the Cleveland Cavaliers to acquire Ramon Sessions in exchange for the their first-round pick in the 2012 NBA Draft. Los Angeles will also have the right to swap picks with the Miami Heat’s first-round pick in 2013, which Cleveland owns.

The Lakers will absorb Sessions using the $8.9 million trade exception they received from the Dallas Mavericks in the Lamar Odom trade in December.

The 25-year-old Sessions is averaging 10.5 points and 5.2 assists for the Cavs. He fills a real need for the Lakers who have been searching for a true point guard.

Sessions is making $4.2 million this season and holds a player option for $4.5 million next year. He became expendable in Cleveland because of how well rookie Kyrie Irving has played.

Depending on how he plays over the next few weeks, the Lakers will probably be interested in working out a long-term deal.

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