Michael Jordan, 48, and Yvette Prieto, 32, have been dating for the last three years.
The former basketball star got down on one knee recently, and his spokeswoman confirmed today Yvette Prieto had accepted his proposal.
However, the spokeswoman added that rumors Michael Jordan was spending this week celebrating on a private yacht overseas were untrue.
So far there are no details about when they plan to walk down the aisle.
Michael Jordan and Juanita had two sons together, Jeffrey, 23, and 12-year-old Marcus, and both went on to play the game that made their father famous at university. They also have an 18-year-old daughter Jasmine.
The couple had been set to get divorced in 2002, but they attempted an unsuccessful reunion, before finally dissolving their marriage in 2006.
Juanita’s reported $168 million divorce settlement was the biggest celebrity settlement up to that point.
He was fired from his position as the Wizards’ director of basketball operations that same year, and went on to concentrate on playing charity golf tournaments, promoting his Nike clothing brand and riding motorbikes.
However, Michael Jordan also set up a motor-racing team called Michael Jordan Motorsports in 2004, and bought a stake in NBA side the Charlotte Bobcats in 2006.
He extended his stake in the latter, and became the side’s majority owner last year.
Michael Jordan is considered by many to be the finest basketball player off all-time, and his trademark slam dunks led to him being named Air Jordan and His Airness by fans.
Nike used his nickname to produce the Air Jordan brand of training shoes and other athletics apparel that have become a worldwide sales phenomenon.
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