Legendary New York Giants linebacker LAWRENCE TAYLOR will avoid jail time for that hotel room debacle last year involving an underage prostitute.

The incident in an upstate New York hotel room last May initially resulted in charges of third-degree rape, human trafficking and endangering the welfare of a child.

But LT struck a deal earlier this year that allowed him to plead guilty to lesser misdemeanor charges of sexual misconduct and soliciting a prostitute.  He was officially sentenced yesterday to six years of probation.

HOWEVER... he also has to register as a SEX OFFENDER.  And that's for life... just like herpes.  (???)

Plus, during his probation, he has to meet with a drug and alcohol counselor and be in his home every night from 1:00 A.M. to 5:00 A.M.  And he can't visit any porno shops or strip clubs.  But he CAN pick his kids up from school.

As you may recall, the girl in question was 16 years old at the time of the incident.  But when he asked her how old she was, she reportedly said 19.

She wasn't really a prostitute, either.  She was a runaway.  But some scumbag predator wannabe pimp sold her to Taylor for $300.  She allegedly had a black eye, too, because the guy had punched her.