Iggy Azalea, and her boyfriend Nick Young are engaged. Iggy confirmed the news through her Instagram page early on the morning of Jun 2^nd, sharing photos of her engagement ring, which is quite large, as well as a photo of her and her man sharing some public displays of affection.

The singer captioned the picture of her Jason of Beverly Hills engagement ring, writing, "Happiest days," and adding the hashtag #isaidyes.

The ring is valued at 500 thousand dollars, which makes the fact that Iggy could not wait to show it off immediately a no brainer. Iggy posted three Instagram pictures of the ring, since she received it.

The CEO of Jason of Beverly Hills, Jason Arasheben commented Young's ring choice. "Nick was very involved in designing the ring," said Arasheben, in a statement to Hollywood Life.

The ring features a large, cushion cut stone, and fans all agree that it certainly looks good on Iggy's finger.

The couple began dating in November 2013, shortly after Iggy and rapper A$AP Rocky ended their relationship together.

Young has always been openly supportive of Iggy, and now he has finally taken things to the next level.

When she was the victim of an alleged diss by Nicki Minaj at the BET Awards, he stated, "I had to be there for her. Iggy is doing big things and this is what is scaring people. She is going to brush it off."

Young, also known by the nickname Swaggy P, is a professional basketball player. He plays as a shooting guard and small forward for the Los Angeles Lakers.