Former NFL WR Jabar Gaffney just cut a deal with prosecutors after his ex-teammate, Lito Sheppard, accused him of wrecking his car ... and he'll avoid jail time if he keeps his nose clean for the next few months.
For the record, Jabar still DENIES the allegations ... saying prosecutors had the wrong guy all along.
Here's the backstory -- Lito says last year, on June 17 ... his 2013 BMW suddenly stopped working in the middle of the road when he was on his way home from a restaurant in Jacksonville.