We don't know for sure as "it's Manny Pacquiao" where his decision is sometimes all of a sudden and not expected.
This is the only time Manny Pacquiao really enjoys his free time since being elected as a public official in 2010. Unlike before when he is always multi-tasking everything, even joining a professional basketball league while doing politics and being a boxer at the same, today, after being quit from politics, he has more time now to focus on boxing that's why since he knows to himself that he is still conditioned, only if his entire time will be dedicated to boxing.
I don't want to see him returning to professional boxing matches but if he changed his mind and come out of retirement, that's his call. No choice but to just continue supporting him whatever his decision. I hope that if he will win his next exhibition match, he will just continue his career that way. No need to return to the ring for a professional fight.
now that he tasted again to be inside the ring, we don't know what his next plans will be. clearly, he has still some juice to offer inside the boxing ring. but yes, in my opinion, don't return to professional boxing matches. better enjoy these exhibition fights and earn something for his charitable causes. at least, his health is not at high risk in exhibition matches. give the ring to younger gen.
Before this fight, Manny's camp already had a plan for Manny to get him back to professional fights and this fight should be his test on where would Manny be today to possibly come back out of the retirement.
Judging of the fight Manny has showed to us, it seems like he can still dance with today's professional boxing generation. Well, let's see where they go from here.
Fortunately we could still see Manny in the ring next year that for sure as he said it in the post fight interview.
Biggest one he'll probably get is Mayweather. It could be the biggest exhibition match in the history of boxing lol.