Will Ferrell's New Baby Boy!

By JustMommies staff

Will Ferrell is the proud dad of a baby boy named Axel!

People reports that Will and his wife Viveca, 40, welcomed their new son Saturday, January 23, in Los Angeles.

This is the third son for the couple, joining older brothers Magnus (5)and Mattias (3).

Ferrell was just seen performing "Free Bird" for Conan O'Brien during his last "Tonight Show" Friday night.