Sebastian Telfair is FREEEE ... for now.
He was facing up to 15 YEARS in prison for the crime ... but instead, on Aug. 12, a judge ordered him to serve 3.5 years.
Telfair and his legal team appealed the sentence ... and asked that while the process plays out, they let Telfair bail out of prison.has learned a judge agreed to those terms -- with an ankle monitor clearly a part of the deal -- and Telfair is now a free man. Unclear how much Telfair's bail was -- we're working on it ... but we do know he was spotted with friends on Thursday.
Telfair -- who famously appeared on Sports Illustrated's cover as a high schooler -- played for several teams in the NBA from 2004 to 2015. He was a Trail Blazer's 1st-round pick in the '04 NBA Draft.
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