Crossword Genius

We take advantage of retired players (8)

Ross

I believe the answer is:

exactors

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'we take advantage' is the definition.
I know nothing about this answer so I cannot tell whether this works.

'retired players' is the wordplay.
'retired' becomes 'ex'.
'players' becomes 'actors' ('actor' can be a synonym of 'player'**).
'ex'+'actors'='EXACTORS'

'of' acts as a link.

Can you help me to learn more?

(Other definitions for exactors that I've seen before include "They demand" , "making extortionate demands?" .)

I've seen this clue in The Independent.
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