As we previously reported, the former Washington and Denver superstar was accused of joining over a dozen other ex-NFL players in an elaborate scheme designed to fraudulently make money off the league's Gene Upshaw NFL Player Plan.
Prosecutors said Portis and the others made up fake claims for things like pricey hyperbaric oxygen chambers and ultrasound machines, and then submitted them to the plan.
Officials alleged the players then made serious coin when they were reimbursed ... claiming Portis raked in nearly $100,000 in the scheme.
Portis initially went to trial over the allegations, but jurors could not reach a verdict. The case had been set for a re-trial, but Portis ultimately reached an agreement with prosecutors before it got to that point.
Portis -- who spent 9 years in the NFL and reportedly made over $40 million -- had been facing up to 10 years behind bars.