Felton did not enter a plea in Manhattan Criminal Court on Tuesday afternoon and was released on $25,000 bail.
Felton was charged with one count of criminal possession of a weapon in the third degree and one count of criminal possession of a firearm. Each is considered a felony in New York state.
Prosecutors allege that the gun is an unregistered, Belgian-made semi-automatic pistol that was loaded with 18 rounds of ammunition, according to SI.com.
The 29-year-old Felton was questioned at the 20th precinct on the Upper West Side of Manhattan after turning himself in at 12:50 a.m. ET after his wife alleged that he threatened her.
According to the New York Post, an attorney for Ariane Raymondo-Felton came to the precinct before the Knicks-Dallas Mavericks game on Monday night to turn over a pistol. She later arrived at the station to made a statement to detectives, police said.
After the Knicks' loss to the Mavericks in Madison Square Garden, Felton came to the precinct with an attorney but made no statement. The Post reported that Felton had pointed a loaded gun at his wife.
Felton's estranged wife, a law student at Fordham University, recently filed for divorce. The Post reported that the semiautomatic handgun was left at her apartment. New York has some of the strictest gun laws in the nation.
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Oklahoma City Thunder center Kendrick Perkins has had surgery on his left groin and will be sidelined for approximately six weeks.
Perkins, averaging 3.4 points, 5.0 rebounds and 1.1 assists in 54 starts this season, sustained the injury in the third quarter of the Thunder's loss to the Miami Heat last Thursday night while setting a screen. He did not return to that game and also sat out Oklahoma City's 125-117 loss to the Los Angeles Clippers on Sunday.
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Miami Heat forward LeBron James has returned to practice for the first time since breaking his nose last week and hopes to play on Thursday night against the New York Knicks.
James was not wearing a protective mask at practice on Tuesday but said he was fitted for one and will need it for the next few weeks. The plan is to test the mask during Wednesday's practice and then be re-evaluated before he is cleared to play Thursday night.
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The Sacramento Kings are close to reaching agreement with guard Jimmer Fredette on a contract buyout, according to a report.
Fredette, the number 10 overall pick in the 2011 NBA Draft, has struggled to find playing time with the Kings this season.
He is averaging 5.9 points in 11.3 minutes per game, which is down from his average of 15.0 minutes during his three-year professional career.
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The Orlando Magic have signed NBA Development League center Dewayne Dedmon and guard-forward Adonis Thomas to 10-day contracts.
The 7-foot Dedmon has played in 15 NBA games this season with the Golden State Warriors and the Philadelphia 76ers, averaging 2.5 points and 3.3 rebounds.
The 6-7 Thomas has started 21 of his 26 games with the D-League Springfield Armor this season and averages 16.2 points, 4.2 rebounds and 1.3 assists.
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The Miami Heat have signed guard DeAndre Liggins from Sioux Falls of the NBA Development League to a 10-day contract.
Liggins played in 35 games and started 34 for the Skyforce this season. The D-League All-Star averaged 14.5 points, 7.5 rebounds, 4.8 assists and 2.54 steals.
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