NFL

Ex-Giants CB James facing prison time

William James failed to pay taxes from 2005 to 2009 during his NFL career.
NewsCore
Share This Story

   
 

Former Giants cornerback William James has pleaded guilty to failing to pay taxes on nearly $10 million in income that he earned during his playing career.

Michael Vick

GOIN' FOR BROKE

Sports stars make loads of cash but they don't always hang on to it. Check out athletes who went bankrupt.

According to The Star-Ledger, the 32-year-old, who was known for the early part of his NFL career as William Peterson, faces up to two years in prison and penalties of up to twice what he failed to pay.

James admitted in a New Jersey federal court Wednesday he did not file tax returns from 2005 to 2009, a period where he earned $9.2 million playing in the NFL.

Court documents stated James ignored his financial adviser's warnings to file the returns and disregarded countless letters from the IRS.

James was drafted in the third round by the Giants out of Western Illinois in 2001, starting 39 games for the team until he was released before the 2006 season.

He spent the next two seasons with the Eagles and started 14 games for the Lions in 2009, but did not play in the NFL last season.

Tagged: 49ers, William James

Related Stories

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by


NFL Videos

Best Person in Sports: Keenan Lewis Posted: Jul 15, 2014
Saints CB Keenan Lewis hosts a back-to-school event, giving children medical ser...

NFL Roundtable: New York Jets Posted: Jul 14, 2014
They're a team with plenty to prove and a roster of players primed to get it don...

NFL Roundtable: Detroit Lions Posted: Jul 11, 2014
A team with so many weapons, is this the season that the Lions put together and ...

More Than Sports on MSN