UPDATE

2:11 PM PT -- Diddy's attorneys and prosecutors are about to exit the courthouse, and we're expecting them to comment on the sentence. Stay right here for our livestream of their remarks.

Diddy has finally received his sentence ... Judge Arun Subramanian has ordered him to serve a little over 4 years in a federal prison.

The sentence came down Friday and it is longer than what Diddy wanted ... remember, his legal team asked the judge for a 14-month sentence while prosecutors wanted him to serve 11 years behind bars. He was ultimately given 50 months. Play video content

Diddy's also required to pay a $500K fine -- part of which will defray costs of imprisonment. The judge did not impose restitution.

After announcing the sentence, the judge had some words for the "st

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