Price signs with new promoter

Last month, British heavyweight hopeful David Price, in an effort to reinvigorate his career after back-to-back upset knockout losses to American contender Tony Thompson this year, teamed up with trainer Adam Booth. On Monday, Price made another big change, signing with German promoter Sauerland Event.

"I'm excited to be joining Europe's biggest promoters," said Price, who holds the British and Commonwealth titles. "Kalle and Nisse [Sauerland] are great blokes, and I am looking forward to working with them. This is a fresh start for me. I can't wait to get back into action and with a new team around me. I feel I can pick up where I left off and become a world champion."

Price, a 2008 Olympic bronze medalist and the 2012 ESPN.com prospect of the year, was viewed by many as a future star in a division in need of one. But then came the stunning KO losses to Thompson, in the second round in February and in the fifth round in July.

The losses left Price's career in doubt, but he split from longtime trainer Franny Smith to hook up with Booth and now joins Sauerland Event as Frank Maloney, Price's former promoter, gets set to retire.

There is no return date set yet for Price (15-2, 13 KO), 30, but the Sauerland brothers said that they plan to keep him active in 2014, having Price box on their shows throughout Europe before returning to his hometown of Liverpool -- where both losses to Thompson took place -- next fall.