What goes down, must come up, and though Iggy Azalea's tour cancellation likely left her in a funk, she had new reason to celebrate last night (June 1): She got engaged!

The "Pretty Girls" rapper, who's been dating Los Angeles Lakers shooting guard Nick Young since 2013, announced last night that the athlete proposed — and the ring she accepted to seal the deal is nothing to sneeze at. Just your average sierra-sized bauble...

"Happiest day! #ISaidYes," Iggy posted with the close-up photo of her scale-tipping jewelry below. And Young, for one, was thrilled to have finally locked the relationship down. "It's over man. I'm getting married!" he captioned a photo of the blissful couple kissing.

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"Would you marry me?!" Young poses simply in the clip, with a sleek black box in his outstretched hands. Iggy, who doesn't need a second to consider her answer, accepts. We're just glad there were no clowns around to bear witness...

Can you believe 24-year-old Iggy will soon walk down the aisle? Share your thoughts on the betrothed!

See Iggy's and other stars' awkward phases: