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by chris_dcosta 4783 days ago
This is not like the sports industry is today. It is however like the sports industry used to be.

In the past sports agents worked both for the team and the player. This lead to exactly this situation, players and clubs getting shafted by the agents.

It changed when some smart person decided that the clubs and the players should have their own agents, and that if a club wanted a player because of their talent - which is the main reason - they had to engage their own agent 1) to attract the player 2) negotiate a price with the play's agent. The pplayer paid their agent 10%, and it was their job to defend the interests of the players against the interest of the club.

Hence today we have players paid huge amounts based on their talent.