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NBA's Chandler Parsons

It's the end of an era ... NBA star (ands legendary bachelor) Chandler Parsons is officially off the market after popping the question to his girlfriend -- and she said YES!!

The 32-year-old proposed to Haylee Harrison over the weekend -- a business owner (who also used to be a model) ... and yeah, the ring is HUGE!

Sources tell TMZ Sports ... the rock is nearly 7 karats -- and while we don't know the price, it's obviously money was no object to a guy who's reportedly made north of $126 MILLION during his NBA career.