Dennis Rodman Pleads Guilty In Wrong Way Freeway Crash

Dennis Rodman just pled guilty to multiple criminal charges in his wrong way freeway incident -- and dodged a BULLET ... TMZ Sports has learned.

As we previously reported, the ex-NBA star was charged with hit and run stemming from a July 20th incident in which he allegedly drove the WRONG WAY on an Orange County, CA freeway -- causing a car driving the other direction to swerve and crash into the center divider.

Rodman was facing 2 years behind bars -- but we learned he struck a plea deal with prosecutors in which he pled guilty to 3 lesser charges and got 3 years probation in exchange.

We're told Rodman pled guilty to driving the wrong way on a freeway, providing false info to a cop and driving without a valid license.

Besides the 3 years probation, Rodman was also given 30 hours community service and must pay for the property damage.

Rodman had been spotted at a karaoke bar earlier in the evening and was pictured with keys in his hand.

Rodman's attorney, Paul S. Meyer, tells us, "We appreciate the careful review of the District Attorney to make the right call in settlement."