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"We're really excited," the father-to-be said.
Hamilton, 48, and Tracie, 37, have been married since 2002 and have a son, Aidan, 3. They reside in Nashville and told PEOPLE the baby is due in January.
Hamilton, who won the gold medal at the Sarajevo Olympics in 1984, played a skating announcer in the comedy Blades of Glory starring Will Ferrell and Jon Heder.
He has just completed taping a series of episodes for the upcoming ABC TV series Wanna Bet? and AOL Television's Jury Duty.
Hamilton continues to co-produce Stars on Ice which he conceived and co-founded in 1986. He retired from full-time touring with the production during its 2000-2001 season. Known the last several years as Smucker's Stars on Ice, the show will enter its 22nd consecutive U.S. touring season in January, 2008.
JOSH & FERGIE: ROCKED BY SCANDAL
Did he cheat with a stripper?
Married less than a year, the couple denies an Atlanta woman’s claims that she and Josh had a fling
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