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Iggy Azalea & Nick Young Engaged! –– Must-See Romantic Proposal Caught On Camera

Iggy Azalea Engaged Nick Young

Jun. 2 2015, Updated 5:39 p.m. ET

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Rapper Iggy Azalea and basketball player Nick "Swaggy P" Young are headed to the altar, as they confirmed their engagement Monday night.

The Los Angeles Lakers guard, who turned 30 on Monday, told the world about his engagement with the Grammy-nominated artist on Instagram, posting a photo of the romantic pair with the caption, "She said yes. It's over man. I'm getting married!"

Watch: Iggy Azalea & Nick Young Engaged!

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https://instagram.com/p/3ax9m6OGBg/?taken-by=swaggyp1

The big moment was captured on video by publicist Karen Civil, showing Young asking the Aussie stunner, "Will you marry me?" and the crowd reacting with fanfare as she accepted.

Watch the video on RadarOnline.com

The romantic shot gave fans a close glimpse of Azalea's 10.43 carat engagement ring from Jason of Beverly Hills, which E! reported cost a whopping $500,000.

https://instagram.com/p/3a0u-rLqKY/

The 24-year-old beauty showed off the bling in a post of her own, writing, "Happiest Day #Isaidyes."

Jason of Beverly Hills CEO Jason Arasheben told the outlet that "Nick was very involved in designing the ring," and that they collaborated to create "both a ring of Iggy's dreams and a ring that fit her personal style.

"It is always an honor when a client trusts me to help design a ring that symbolizes one of the most important decisions of their life."

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