PHILADELPHIA (CBS) — Sylvester Stallone will be doing more than playing Rocky Balboa in “Creed 2.”

Stallone announced on Instagram on Monday that he will be directing and producing the “Creed” sequel.

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“Looking forward to directing and producing the incredibly talented Michael B. Jordan in CREED 2 next year … One more Round!” Stallone wrote.

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Ryan Coogler directed the first “Creed.”

Stallone revealed earlier this year that Ivan Drago, the boxer who killed Apollo Creed in “Rocky IV,” will be in the sequel.

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A release date for “Creed 2” has not been set yet.

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Stallone was nominated for best supporting actor for “Creed.”