Adriana Lima and Marko Jaric split

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The Victoria’s Secret model, 32, and the former NBA star, 35, announced their separation through a statement to People magazine.

“After long and careful consideration, we have decided to separate after five years of marriage,” they said.

“We are grateful to be the parents of two incredible young daughters that we will continue to co-parent. We would greatly appreciate your respect for our family’s privacy as we begin this delicate next chapter for all members of our family,” Lima and Jaric added.

The couple has two daughters, Valentina, born in November 2009, and Sienna, born in September 2012.

Adriana Lima and Serbian basketball Marko Jaric got engaged in 2008 and were married on February 14, 2009.