A Floyd Mayweather-Manny Pacquiao rematch - more than 10 years after the first meeting - is being explored to take place next year in another Netflix boxing event, sources tell The Ring.

When they fought in 2015, Mayweather outpointed Pacquiao in a fight five-plus years in the making. The event shattered revenue records, generating 4.6 million PPV buys, the most all time, along with a record gate of $72.2 million in Las Vegas. Overall, the event approached $600 million in revenue.

Now that Pacquiao has returned to boxing - and looked good in a draw with Mario Barrios in a July welterweight title fight - there’s renewed interest in the Filipino fighting Mayweather.

Pacquiao, 46, did enough to earn the nod, in the eyes of many, over Barrios. The former eight-division champion announced earlier this month that he would return in late January in Las Vegas.

It’s unclear at this time when Mayweather-Pacquiao would take place if finalized, and if Pacquiao would still fight in a different bout at the start of the year.

Mayweather, 48, hasn’t boxed since 2017 when he ran his record to 50-0 with a 10th-round TKO victory over UFC star Conor McGregor.

However, Mayweather has remained around boxing with a slew of exhibition events, including a 2021 meeting with Logan Paul.

After Mayweather comfortably outpointed Pacquiao in 2015, it was revealed Pacquiao competed with a torn rotator cuff.

Now, we could see the pair share the ring together again. And it’s the type of major event Netflix has shown interest in since entering the boxing space last year.

So far, the streaming giant, which has over 300 million subscribers, has delivered three boxing events: Mike Tyson-Jake Paul in November 2024, Katie Taylor-Amanda Serrano 3 in July and September's Terence Crawford-Canelo Alvarez fight for The Ring and undisputed super middleweight championship.

The fourth comes November 14 in Miami with an exhibition between Jake Paul and boxing star Gervonta Davis.