Yvette Prieto and Michael Jordan at the 2010 All-Star Game. (Charley Gallay / Getty Images North America)

The Hall of Famer is engaged to Yvette Prieto, a Cuban-born model he has dated for more than three years, his spokeswoman confirmed.

Jordan, owner of the Charlotte Bobcats, and Juanita Jordan divorced in 2006 after 17 years of marriage and three children. She received roughly $168 million. Jordan has rebounded nicely, though, with the Nike and Hanes bacon-neck money continuing to come in.

(See more Jordan/Prieto photos here.)