Balado was at his prime, looking forward to win many forthcoming events, considered by some boxing experts to be the world's second-best fighter after Félix Savón (who competed one weight division below),[1] and being one of the favourites of the 1995 Pan American Games and 1996 Olympics, but died in a car accident.

In 1984, Cuba's long-time Olympic heavyweight Teófilo Stevenson, although retaining physical strength and staying in shape, and even aspiring to win the fourth gold medal in the 1984 Olympic Games (which Cuba ultimately boycotted,) already needed to pass the torch and find a suitable alternate for the Cuban National Boxing Team.

Raúl Fernández's promotional transfer to the Orbeín Quesada training center, headquarters of the National Athletic Selection, played a decisive role in the formation and subsequent consecration of Balado.

Regarding the Balado's ascent to the national team, Alcides Sagarra pointed out: "Raúl spoke with me of the boy and without any hesitation I agreed to get him trained in the 'Finca.'

On 2 July 1994, Roberto Balado was driving to train at the headquarters of the Cuban team at the Holveín Quesada National School of Boxing (Escuela Nacional de Boxeo “Holveín Quesada,”) but didn't make it as he died in a crash at a train crossing in Havana.