Arenas Pleads Guilty To Felony

Gilbert Arenas has pleaded guilty to one count of carrying a pistol without a license, a felony conviction that could result in jail time and raises questions about his future in the NBA. Here is the statement released by Arenas' legal team following today's court proceeding:

“Earlier this afternoon, Gilbert Arenas appeared before the Honorable Robert E. Morin of the Superior Court of the District of Columbia and pled guilty to a charge of carrying a pistol in the District of Columbia without a license. He accepted full responsibility for his actions, acknowledged that those actions were wrong and against the law, and has apologized to all who have been affected by his conduct. Mr. Arenas appreciates the professionalism of the authorities handling this matter.”