Those rumors about Valerie Jarrett and Ahmad Rashad being an item? Sounds like they are – but nothing serious.

First reported by the New York Post in November, Sun-Times columnist Michael Sneed has learned the two are, in fact, a power couple.

Although Jarrett has told at least one Chicago pal “it is not serious,” Sneed hears Rashad accompanied Jarrett to first lady Michelle Obama’s 50th birthday party at the White House in January.

Rashad, 64, an NBA TV studio host who is close friends with Michael Jordan and used to hang out with Tiger Woods, began quietly “seeing” Jarrett, 57, last year, according to a Sneed source.

More from Sneed on the relationship.