Jolly, released from prison roughly six months into his six-year sentence for a drug conviction, received 10 years of "shock" probation by a judge.
Jolly, 29, is suspended indefinitely from the NFL. His contract with the Green Bay Packers was due to end after the 2011 season but the team still holds his rights.
According to the National Football Post, Jolly expressed optimism that he'd be welcomed back by the Packers.
"I think I have a great shot at going back to those guys," Jolly said. "... I know they have supported me 100 percent."
Jolly was arrested outside a Houston nightclub in July 2008, and charged with possession of at least 200 grams of codeine. He was then charged last year with possession of a compound containing codeine, a controlled substance, after an October traffic stop in Houston. He was further charged with evidence tampering for attempting to conceal the substance from police.
In November, he was sentenced to six years in prison, but applied for "shock probation," which allows convicts to ask for early release on probation after experiencing the shock of being in jail. He received the shock probation this week, along with 200 hours of community service, and ordered to pay a $500 fine.