The Phelps, Michael and wife Nicole are reportedly expecting their third child together. The Olympic swimmer announced the exciting news on social media, Sunday evening. The 33-year-old athlete took to his Instagram to share a photo of sons Boomer Phelps, 2, and Beckett Phelps, 1, along with balloons that spell out “baby.”

“#3 on the way!” Michael captioned the Instagram photo. “Can’t wait to see the journey that this takes us on!!! #luckyman #boyorgirl? #P3.”

Nicole also shared the news on her social media page on Sunday, posting the same picture with the caption, “Oops we did it again I get to be a mama x3!! #furbabymama x2 #p3 #herewegoagain.”

The parents also announced the news on their sons’ Instagram accounts.

“I asked mom for a new baby for Christmas last year and …. well my wish finally came true!!!” Boomer’s post read. “I wonder if I’m gonna have little brother or a little sister? #P3.”

With Beckett’s announcement post saying, “I’m not sure what this means but I was just told I’m promoted to Big Brother!! #P3.”

Michael and Nicole welcomed their first child, Boomer, in May 2016 and secretly tied the knot a month later. The duo’s second son, Beckett, was born in February 2018.