Star Boxing and Banner Promotions released a statement on Thursday confirming the end of a long tenure with former world champion Demetrius Andrade.
The middleweight contender, ranked highly with boxing organizations, has since been linked to a move to Eddie Hearn’s new platform on the DAZN streaming app with Matchroom USA.
Hearn is set to announce a host of new signings to his US venture next month, although faces some competition from Top Rank for Andrade’s signature.
The official confirmation of Andrade’s split with Star and Banner read as follows:
After more than a decade of Co-Promoting 2008 US Olympian Demetrius Andrade together, Star Boxing & Banner Promotions have announced that they have officially released Demetrius Andrade from his long-term promotional agreement.
Star Boxing and Banner Promotions signed Andrade out of the Olympics 10 years ago and have promoted him since.
Under their guidance, Andrade became the first fighter from the 2008 US Olympic team to win a World Championship and ultimately became a two-time, undefeated World Champion while being co-promoted by Star Boxing and Banner Promotions.
Joe DeGuardia of Star Boxing commented “I wish Demetrius the very best. I’ve always believed that Demetrius has the potential to beat any junior middleweight or middleweight in the world and I expect he will be the World Champion again very soon.”
Arthur Pelullo of Banner Promotions also added “I believe Demetrius has the ability to beat any fighter in the world in his division, and I expect him to win many more World Titles in the near future.
“I wish him and his family the very best”.
Demetrius Andrade had this to say “It’s been a long journey. I’ve learned a lot and I really appreciate everything that Artie and Joe did for me and my career.
“Sometimes it seemed like it was us against the whole world trying to get the top fighters to get in the ring with me but at the end of the day Artie and Joe guided me to two World Championships and I really want to thank them for all their efforts!
“I’m hoping to be back in the ring again very soon and get an opportunity to show the world that I’m going to be a World Champion once again!