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Olympian Andrade signs deal with Banner, Star Boxing

Updated: September 8, 2008, 12:35 AM ET
By Dan Rafael | ESPN.com

Demetrius Andrade, the 2008 U.S. Olympic boxer widely regarded as the No. 1 professional prospect from Team USA, is turning pro.

The 20-year-old from Providence, R.I., signed a multiyear promotional agreement Saturday to be co-promoted by Artie Pelullo's Banner Promotions and Joe DeGuardia's Star Boxing, the promoters told ESPN.com.

The companies will make decisions jointly and each was responsible for a potion of Andrade's undisclosed six-figure signing bonus.

"He is ...

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