NBA Star Gilbert Arenas — Changed His Mind About His Ex … and His Lawsuit!

0428_laura_goven_gilbert_arenas_gettyJust months after getting engaged to his baby mama, NBA star Gilbert Arenas decided to drop his lawsuit over her reality show “Basketball Wives: LA” — but with one catch … he can bring it back any time he sees fit.

If you recall … the Grizzlies star filed a suit over the VH1 series — which featured his then ex-girlfriend Laura Govan — claiming the show and his ex had NO right to make money using his image without his permission.

Now the b-baller is changing his tune, asking the court to dismiss the suit — coincidentally after his ex officially became his fiancée. But Arenas still wants to keep his right to bring it back whenever he wants, in case he feels exploited again … or if ya know, the engagement goes south.

Shed Media — the people behind “BB Wives” — have fired back … urging the court to dismiss the case permanently

A judge has yet to rule on the motions and Arenas has yet to rule on whether his fiancée can keep that title.