Stallone did not announce who would be writing the project, or whether Creed director Ryan Coogler will be involved.
Speculation has already begun on the fate of Stallone's character "Rocky Balboa" who was suffering from cancer in the last installment.
Fans of the Rocky series have a lot to two-step about, as Sylvester Stallone recently announced that he'll be directing star Michael B. Jordan in the sequel to 2015's Creed. He took to Instagram to announce about the same.
While Stallone only acted in Creed, he had written every other Rocky movie until then, and directed four of the films.
That director is Sylvester Stallone, going behind the camera for the first time since 2010's The Expendables. In the caption he mentions that he will be both directing and producing the feature, but fails to mention whether or not he will be reprising his role as Rocky Balboa. Cor, as if we couldn't love him any more. What we do know, though, is very exciting.
Stallone has been teasing the return of Ivan Drago in recent months, with rumours suggesting that Michael B. Jordan's Adonis Creed may face off against his son.
The film was slated for a 2017 release, however, Coogler and Jordan's commitments to "Black Panther" pushed it to a yet unannounced date.