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.

lessons in acrobatics and an illuminated 
Ferris wheel. Then, when the time finally came for the big ask, their friend Karen Civil caught the whole thing on camera.

"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!