Editor's Note: So much for the plea deal. UPDATE: Whoops. Obviously he could still plea to a lesser charge, but this morning's article made it seem like they were hoping to reach an agreement before being charged. Maybe I just read it wrong. UPDATE: Washington Post now has more about the charges UPDATE: I'm also doing the work on this story on SBNation.com here. UPDATE: I'm tweeting about this here. I still need some hours to gather coherent thoughts for a full post, but read my thoughts in bits there. UPDATE: The Wizards just e-mailed this statement. "We are aware of the charge filed against Gilbert Arenas today and will continue to follow the ongoing legal process very carefully. We will also continue to cooperate fully with the proper authorities and the NBA. Beyond our previous statements on this serious and unfortunate matter, will have no further comment at this time." UPDATE: Michael Lee, via Twitter, echoes my thoughts. Wouldn't get overly panicked over GA's felony charge. A plea deal is likely in the works. He surely is looking to plea down to a misdemeanor UPDATE: The Washington Examiner is reporting that it's one felony AND four misdemeanors that Arenas is being charged with.