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Jacko Concert Update

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Mar. 4 2009, Updated 12:49 p.m. ET

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(Photo: Wenn) Michael Jackson has reportedly passed a battery of medical tests that are required before he can glove-up for this summer's concerts in London.

"Fox News" reports that the one-time King of Pop has no "diseases or any other physical ailments that would prevent him from getting insurance or making his commitment...for 10-30 shows this year."

The tests were performed yesterday at the Lanesborough Hotel.

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AEG Live is said to be paying him $10 million for 10 concerts. If these prove successful, the parties can agree to do up to 30 shows with a possible $30 million haul for the financially strapped singer.

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