It's a rematch more than 30 years in the making ... Rocky Balboa vs. Ivan Drago -- and it's GOING DOWN in "Creed 2," so says Sylvester Stallone.
Sly teased that Drago's coming back to the big screen for the "Creed" sequel -- but no one's really sure what the storyline will be.
Now, another clue ... with Stallone telling TMZ Sports things are definitely going to get violent between Rocky and Drago -- "You know I gotta hit Drago once."
Of course, Drago -- played by Dolph Lundgren -- killed Apollo Creed in "Rocky IV." And the rumblings are that Adonis Creed will fight Drago's kid to get revenge.
BONUS -- Stallone also weighed in on Floyd Mayweather's projected $300 MILLION payday for the McGregor fight.
Sly's shocked ... that he's not making MORE!
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