MTV's LaLa, Carmelo Anthony Expecting
09/18/2006 AT 09:35 AM EDT
This will be the first child for both. The couple, engaged since Christmas Day 2004, plan to wed after the baby's birth.
Vazquez, 27, is a VJ for MTV shows including TRL, Spring Breakdown and Direct Effect. Anthony, 22, a forward for the Denver Nuggets, won a bronze medal as a member of the U.S. Olympic basketball team in 2004.
"The couple is very excited and they can't wait until the arrival of their new baby," Ketsoyan tells PEOPLE.