LOS ANGELES (KTLA) -- NBA legend Dennis Rodman has struck a deal to avoid being thrown in jail for failing to pay over $200,000 in back child support, TMZ reports.

A Florida judge issued an arrest warrant for Rodman, 51, back in April after he failed to pay $179,000 in unpaid child support

The judge later revoked the warrant when Rodman said he planned to fight the bill, but set a court date earlier this month.

Rodman appeared in court and has finally worked out a deal with his ex to pay back the tab -- which is now at more than $253,000.

Rodman's lawyers told TMZ that the former NBA star will pay $5,000 up front in good faith, and then slowly repay the balance in monthly installments.

A judge has approved the deal, but Rodman reportedly still wants to get the principal amount reduced.

This is just one of Rodman's outstanding child support cases. He also allegedly owes his ex-wife over $800,000 in California.

An Orange County judge sentenced Rodman to 104 hours of community service and three years of informal probation in May after he was found guilty of contempt for failing to pay child support.

Rodman must also pay current and past child and spousal support.

"In all honesty, Dennis, although a very sweet person, is an alcoholic," said Peggy Williams, his financial advisor. "His sickness impacts his ability to get work."

Rodman's wild ways and eccentric hair are well known in Orange County, where he has lived off and on since the 1990s.

Police were called to his former oceanfront home in Newport Beach more than 80 times, mostly to quell raucous parties.

Rodman arrived for his 40th birthday party in a helicopter -- which landed illegally on the beach.

When his third wife, Michelle Rodman, sued him for divorce in 2004, Rodman sold the beach house.

At the time, he listed his previous year's income as $570,000. He said he had $3.4 million in property and $1.45 million in stocks and bonds.

But, he said, maintaining his hard-charging lifestyle cost him more than $31,000 a month.

The couple have spent several years trying to reconcile, but the marriage was dissolved this year after his wife petitioned the court again.

Rodman won three NBA championships with the Bulls in the late 1990s and also played briefly with the Lakers.