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NBA legend Michael Jordan gave his longtime girlfriend Yvette Prieto an engagement ring during Christmas weekend.

The Charlotte Bobcats owner, 48, confirmed through his publicist that he and the Cuban-American model are one step closer to getting married after three years together.

Jordan and his wife Juanita Vanoy divorced in 2006, ending their 17-year marriage. She received a $168 million settlement, the largest celebrity divorce payday in history.

Three children were born during the marriage; daughter Jasmine, a college freshman, attends Syracuse University. Her brothers Jeffrey, a senior, and Marcus, a junior, play basketball for the University of Central Florida.

More photos after the jump:

Photos: WENN