Sims was accused of charging gas, groceries and shoes on the debit card of a Des Moines woman who had loaned it to her son before he visited Ames.
Story County attorney Stephen Holmes says Sims paid restitution of a little more than $600 to the victim. If he stays out of a trouble for a year, the incident will be expunged from his record.
Sims, a senior from Gainesville, Fla., was the Big 12 defensive newcomer of the year in 2009. Rhoads says Sims, who was removed as a co-captain after the incident, already has addressed the team about the issue.