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Former New York Giants CB William James Sentenced to Prison Time for Unpaid Taxes

February 2nd, 2013 at 10:30 AM
By Dan Benton

Former New York Giants cornerback William James, who previously went by the name Will Peterson, has been sentenced to seven months in federal prison for failing to file a 2005 tax return.

James, who owed the IRS more than $470,000 based on his $5.5 million salary that year, has already served four months in prison while awaiting his trial. As part of his plea deal, he will pay the IRS the $470,254 owed, and then, of course, finish serving out the remaining three months of his sentence. Upon his release, he will be placed on one year of probation.

Although James pleaded guilty to one count of tax evasion, he has been accused of not filing his taxes from 2005 to 2009.

As part of his defense, James' attorney told the federal judge that his client had suffered from post-concussion syndrome, which left him mentally impaired. However, the judge dismissed the argument after James failed to take part in the class action lawsuit filed against the NFL by former players.

"I played the game because I love the game and I know [what] comes with the game," James told the judge.

James, then Peterson, was drafted in the third-round of the 2001 NFL Draft by the Giants. He spent five seasons with the team before joining the Philadelphia Eagles in 2006. He also spent time with the Buffalo Bills, Jacksonville Jaguars, Detroit Lions and San Francisco 49ers.

He will be released from prison in early June.

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Tags: Football, New York, New York Giants, NFL, William James

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