Muhammad Ali victory in federal court forced the New York State Boxing Commission to reinstate Ali's license. He fought Oscar Bonavena at Madison Square Garden in December, an uninspired performance that ended in a dramatic technical knockout of Bonavena in the 15th round. The win left Ali as a top contender against heavyweight champion Joe Frazier. Ali and Frazier's first fight, held at the Garden on March 8, 1971, was nicknamed the "Fight of the Century", due to the tremendous excitement surrounding a bout between two undefeated fighters, each with a legitimate claim as heavyweight champions. Veteran boxing writer John Condon called
Madison Square Garden (1879) to be renamed "Madison Square Garden." Vanderbilt presented sporting events such as indoor track and field meets, a convention of Elks, the National Horse Show and more boxing, including some bouts featuring John L. Sullivan, who began a four-year series of exhibitions in July 1882, drawing over-capacity crowds. P.T. Barnum also used the Garden to exhibit Jumbo, the elephant he had bought from the London Zoo; he drew sufficient business to recover the $10,000 pricetag. Another notable use of the first Garden was as a velodrome, an oval bicycle racing track with banked curves. At the time, bicycle racing was