Antonio Margarito was given a boxing license on Tuesday by the New York State Athletic Commission in New York, allowing his scheduled 154-pound title fight with Miguel Cotto on Dec. 3 at Madison Square Garden to happen.
Puerto Rico's Miguel Cotto, 36-2 with 29 knockouts, will defends his World Boxing Association super welterweight title against Mexican's Antonio Margarito, 38-7 with 27 knockouts, on December 3 at Madison Square Garden.
Cotto had earlier threatened not to fight outside New York if the panel ruled Margarito was not fit to fight, saying other states would have followed New York's lead and banned the Mexican.
Antonio Margarito was given a boxing license on Tuesday by the New York State Athletic Commission after a medical examination determined he was healthy enough to fight.
Late last week, the commission ordered for another eye examination of Margarito, which was seriously injured during his fight against Manny Pacquiao.
Margarito received a 16-month suspension but that seemed insufficient for Cotto, who has waited three years for a chance to avenge the defeat.
And earlier Tuesday, Cotto said he wouldn't fight Margarito anywhere except New York, surprising Arum during a promotional conference call.