Iggy Azalea is Engaged with a Fancy Diamond!

Iggy Azalea and Nick Young Swaggy P Proposal

Rapper Iggy Azalea is engaged to her soon-to-be husband Nick Young aka Swaggy P. The Los Angeles Laker celebrated his 30th birthday this past Monday by getting down on one knee at his carnival-themed birthday party. The couple met on Twitter and have dated since late 2013.

Young posted a photo on Instagram of him kissing his fiancé with the questionably romantic caption, “She said yes. It’s over man. I’m getting married!” It’s not over Swaggy P, it’s just beginning!

Iggy Azalea and Nick Young proposal 2

His bank account may be over though. According to E! News, the ring cost a mere $500,000! Azalea rocked the ring in an Instagram photo captioned “Happiest Day #Isaidyes” The ring is 10.43-carats with yellow diamond center and diamond halo. Young designed the ring with the assistance of Jason Arasheben according to People Magazine.

Iggy Azalea engagement ring

Photos by Iggy Azalea and Nick Young