Oakley was arrested on July 7 in Las Vegas and accused of attempting to commit a fraudulent act in a gaming establishment, according to the Nevada Gaming Control Board. He was arrested by gaming officers at the Cosmopolitan.
The plea bargain calls for no jail time. TMZ reported that Oakley was fined $1,000.
Oakley, 54, was initially charged with a Class B felony, and a conviction could have led to a sentence of one to six years in state prison and a fine of up to $10,000.
“Mr. Oakley has pled no contest to the simple misdemeanor charge of disorderly conduct which fully resolves this situation,” Oakley’s attorneys, David Chesnoff and Richard Schonfeld, said in a statement provided to ESPN. “He appreciates the professionalism of the District Attorney and the Cosmopolitan in resolving this event.”
Oakley’s arrest came after he was suspected of adding to or reducing his wager on a gambling game after the outcome was known.
According to TMZ, Oakley pulled back a $100 chip after he realized he was going to lose.
Oakley played 19 NBA seasons, including 10 seasons with the New York Knicks. He averaged 9.7 points and 9.5 rebounds in 1,282 career games.
Oakley was arrested at Madison Square Garden in February 2017 and charged with misdemeanor assault after getting into a spat with security guards after trying to go after Knicks owner James Dolan.
The incident received notable attention, with Oakley filing a civil suit alleging defamation and libel against Madison Square Garden and Dolan after agreeing to a plea deal to have his charges dropped.
–Field Level Media