Slater, who famously exited a JetBlue plane via the inflatable slide in August after a confrontation with a passenger, will agree to undergo mental-health counseling, and will have the felony charge dropped when he completes the program, WNBC-TV reports.
He had previously pleaded not guilty to various felony counts of reckless endangerment and criminal mischief.
Slater became a global sensation in the wake of his dramatic deplaning, but prosecutors said he could have killed or grievously injured anyone standing on the tarmac below the inflatable plastic chute.
Slater had claimed that a passenger became abusive with him aboard a flight during a dispute over luggage. But a number of passengers later stepped forward to challenge his account.