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I just know nothing about it but a 16 year old isn't mature enough to sign some long term deal mortgaging his future (is 16 the legal age of an adult in europe/germany?). Is there a limit on length of the contract? Obviously all clubs would go lock up some promising 15 to 16 year olds for 5-10 years at some low wage because if they blow up they will have them for that low wage. And $1M or $2M to a high school kid is a HUGE amount. And if the parents aren't well off they might see that as a great deal as well.
Just seems predatory
Know what’s predatory?
Having a NCAA coach earn millions while his players play for free risking their health.