Peterson signs on at Golden Boy

IBF junior welterweight champion Lamont Peterson has signed for a second time with Golden Boy Promotions.

At a press conference held in Washington DC on Monday, Golden Boy President Oscar De La Hoya revealed that the 29-year-old - who has only one professional loss to his name - will be joining the stable once more.

"We are thrilled that Lamont Peterson will be joining Golden Boy Promotions. We know firsthand what Lamont Peterson can do, as he's been in the ring with our fighters Amir Khan and Victor Ortiz. We know that he is the kind of individual that will be an asset to our team and great competitor in the 140-pound weight class."

It came as something of a surprise since Peterson has a coloured history with another Golden Boy fighter - Amir Khan - who he controversially beat in December 2011.

Nevertheless, the DC local was visibly happy to work with De La Hoya again.

"We boxers are always trying to please our fans. We want to give them the best fights we can. In order to do that one needs to have the best promoter in the market so you can get the best fights you can."

Andre Johnson, a Peterson spokesman, is certain that the new deal with Golden Boy will be a good opportunity for his client to move on from the failed drugs test which saw him lose the title he won against Khan in 2011.

"We were with Golden Boy and they released us from our contract prior to the fight with Victor Cayo," Johnson said.

"When we won the Cayo fight it forced the mandatory with Amir Khan. It was a fight that no one gave us a chance of winning, so much so that they even staged the fight in Lamont's hometown. That's how confident they were that Khan would win. So when we won that fight, which they thought we never could, total hell broke out and everything surrounding it.

"So now, now it's very interesting. We have the IBF. Danny Garcia still has the WBC and WBA. Amir Khan, Danny Garcia, Zab Judah, Lucas Matthysse-I mean this is a packed weight class where all these guys can fight round robins and it won't be any problem because they all have the same promoter. This gives Lamont the opportunity to make the fights he wants to make in the weight class he's in, and Golden Boy has the most fighters with names, where he can get the biggest purses and actually fight the best at 140, which is something he really wants to do.

"This is a decision he made. One thing about Lamont, he is very capable. He understands this business. He's very skilled and knowledgeable. He understood what this decision meant, why it was significant that he do this, what it means to his career, and he thought about it long and hard. The negotiations happened at the end of the year, and I'll be honest, there was an opportunity for him to take a fight with Golden Boy right away. But because of the kind of individual he is, he wanted to honor his commitment to the IBF, even though he's not going to make a great deal of money fighting Kendall Holt. But that's the right thing to do, and that's the kind of guy we're talking about."