"They have amicably ended their relationship of three years," a source close to the situation told People, adding however, that the couple "remains close friends and wish nothing but the best for each other moving forward."
Aaron and Olivia's breakup comes two months after the pair sparked engagement rumors in January when the brunette beauty was spotted wearing what appeared to be a diamond engagement ring.
The Green Bay Packers quarterback, 33, and Munn, 36, began dating at the end of 2014, which was right around the time Aaron allegedly stopped speaking to Jordan and his family.
Aaron's family didn't quite get along with Olivia or appreciate her strong personality, according to an Us Weekly source, which likely led to the NFL star's estrangement from his parents and two brothers.
"Aaron is the one that has pulled away from the family, not the reverse," the source told Us earlier this year. "When he got together with Olivia Munn, his family told him they didn't trust her and thought she wasn't with him for the right reasons. That made him furious, and he ended up choosing Olivia over his family."
Another insider claimed Aaron and Olivia weren't happy about his father, Ed Rodgers, speaking to the New York Times about the estrangement. Ed revealed to the newspaper the family's strained relationship with Aaron is "complicated" and "fame can change things."
A source close to Aaron, however, defended Olivia three months ago in light of plaguing rumors.
"Olivia doesn't really have anything to do with it," a source previously told People. "This is not her issue; this is the Rodgers family issue. Aaron has never wanted want to air this out in a public forum. He will deal with his family issues privately."
There was also speculation Jordan's ex-girlfriend, Brittany Farrar, might've had something to do with the fallout since she's good friends with Olivia and blasted Jordan multiple times on social media for being an alleged liar, cheater and fame seeker when he appeared on The Bachelorette.
Aaron's estrangement from his family began making headlines when last year's The Bachelorette star JoJo Fletcher visited Jordan's hometown to meet his family in Chico, CA. Before taking JoJo home, the sports analyst warned her that Aaron would not be present at the gathering. Jordan alluded to the fact issues stemmed from the way Aaron had "chosen to do life."