Michael Jordan Set to Welcome Baby with Wife Yvette Prieto at 50

Former NBA star Michael Jordan and wife Yvette are pregnant with their first child, multiple media reports confirm.

According to TerezOwens, who was first to report the news, Yvette is expecting in three months or less.

Michael proposed to Yvette on 2011 Christmas Eve and the couple got married this April at Bethesda-by-the-Sea Episcopal Church. They exchanged vows in the presence of 500 guests. The long-list of the attendees included former Chicago Bulls teammates Scottie Pippen, Ron Harper and Toni Kukoc and former New York Knicks center Patrick Ewing. Other guests present were golfer Tiger Woods, Robin Thicke and Spike Lee.

"They've been planning for months and months," a source told PEOPLE about the couple's wedding. "He wanted to give Yvette everything she's ever wanted." They applied for a marriage license in March at the Palm Beach County courthouse.

The couple now stay in Kendall, Florida, a suburb outside of Miami in a three-bedroom house, reported HollywoodLife. The 34-year-old brunette beauty previously dated Enrique Iglesias' older brother Julio Iglesias, who once described her as "loving" and "simple."

This will be the fourth child of the 50-year-old basketball legend and first for Yvette. Michael is already father to three children (Jeffrey, 24, Marcus, 22 and Jasmine, 19) from his previous marriage with Juanita Vanoy, who was his wife for 17 years. Some reports said that Juanita received a $168 million settlement. This made it the largest celebrity divorce settlement in history at the time on public record.