The action icon has been put on the defensive after a report emerged in the British press 31 years ago during a shoot in Las Vegas.
The follow up to the hit 2015 drama will have cameras rolling within 6 months, seeing Stallone helm the project as director and producer.
The veteran actor took to social media to confirm what many had suspected - Michael B. Jordan, Dolph Lundgren and co are gloving up next year
Returning as the Soviet boxer from the 1985 classic Rocky IV, the 59-year old has left no detail behind during his intense preparation.
Reprising his role as the iconic Rocky Balboa in the 2015 sequel, the veteran will be penning the story to the hotly anticipated follow up.
The infamous Dolph Lundgren character could be on the verge of returning to the Rocky universe as the veteran actor took to social media.
Described as Flash Gordon meets The Dark Knight Rises, the 70-year old might be the front man for the live-action version of the 2014 comic book.
The 70-year old will take on an important role as Marvel respond to the criticism surrounding Josh Brolin's double duties as Thanos and Cable.
Despite the sequel to the 2013 original not going to air yet, the 70-year has signed on for a third installment as he sues over accounting practices for 1993's Demolition Man
With Sylvester Stallone and Lionsgate at an impasse over the direction of the action franchise, his co-star has jumped to his defense.
Despite being the creative force and face of the action franchise from day one, the veteran actor and filmmaker has pulled the plug.
Director James Gunn confirmed that the 70-year old action icon would be playing a major role in the upcoming Marvel blockbuster alongside his friend Michael Rosenbaum.