Carlos Balderas heard what Bob Arum and Oscar De La Hoya had to say. In the end, the 2016 U.S. Olympian determined that Richard Schaefer was the appropriate promoter for the Santa Maria, California native and his older brother, Jose Balderas. Schaefer, who once ran De La Hoya's Golden Boy Promotions, announced Monday during a conference call that his new company, Ringstar Sports, has signed Carlos Balderas and Jose Balderas to promotional contracts.
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