Manny Pacquiao vs. Mike Alvarado boxing match in the works for October

One of boxing's biggest names could soon find himself back inside the squared circle later this year, as reports have surfaced out of Denver that Manny Pacquiao is targeting an October return against once-beaten Mike Alvarado, and it could be a 90-95 percent "done deal," according to a report from Bad Left Hook.

It's been a rough year for "Pac Man."

The Filipino fight phenom -- who was tired of waiting around for a then-incarcerated Floyd Mayweather Jr. -- found himself on the losing end of a controversial (see why here) split decision loss to Timothy Bradley in June 2012. He tried to rebound a few months later in a fourth fight against Juan Manuel Marquez, but was knocked clean out in the sixth round of their "Sin City" match-up.

See a GIF of his faceplant here.

That's two losses in a row for a pugilist who at 54-5 (38 KOes) was once considered one of the world's finest. A third straight would be catastrophic for his career, but don't expect any sympathy from Alvarado.

"Mile High" is 34-1 with 23 knockouts and avenged the only loss of his career -- a seventh round stoppage at the hands of Brandon Rios -- just last month at the Mandalay Bay in Las Vegas, Nevada, to win the Interim WBO Light Welterweight title.

Negotiations are expected to take place this week. If this bout does come to fruition, it will be a good indicator as to where both fighters stand at this stage of their respective careers.

Stay tuned.