The 24-year-old did have an option for one more year on his contract, but that is a club option.
Per football.london, Sessegnon has not shown enough in terms of being a first team player.
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He last played in January 5th in the FA Cup as a substitute against Burnley.
Sessegnon is not involved in Spurs' postseason game in Australia this month.
Ange Postecoglou's team are set to take on Newcastle United in Australia on Wednesday.