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Iggy Azalea Says Yes To Nick Young's $500,000 Engagement Ring--PHOTOS!

Tour ‘shmore! Iggy Azalea has better things to prepare for now — like a wedding! On his 30th birthday, L.A. Lakers boyfriend Nick Young got down on one knee and proposed to his “Fancy” lady love, presenting her with a fat, square-cut, canary, yellow diamond. She may have said ‘no’ to her fall tour and all of her disappointed fans last week, but she sure said ‘yes’ to Nick on June 1st! The blonde beauty shared pics of her bling on Instagram early this morning, with the captions “Happiest Day” and “Love You.”

The sexy couple started dating back in 2013, when, according to the Australian model, they met through mutual friends. Although her basketball playing finance tells a different version of their initial encounter, saying “I was watching a video of hers. I think it was ‘Work.’ And I was like, ‘Oh man, she looks very hot.’ I go to my Twitter, and made her my Wednesday crush. She actually bid on it. And then I got to mackin’.”

The happy news comes on the heels of last week’s disappointing fall tour cancellation. Initially, the 24-year-old rapper merely postponed her “The Great Escape” tour, which was slated to begin in April, but canceled due to her desire to perfect the show. “It is bumped back because I am a psychopath – It’s my first arena tour, so it’s a big undertaking and I’m doing a lot of the creative direction. It’s tough when it’s your first time working on an arena situation.” But now the entire tour has been canceled altogether, and fans are speculating heavily on twitter and Instagram that it’s due to a lack of ticket sales. Iggy’s detail-free tweet only fueled the rumors: “As u may know, the tour is cancelled. I’m so sad and sorry to let my fans down…we’ll be back out on the road when the next album is done.”

Well, the hottest rapper to come up from down under has one great distraction away from all the tour drama — her future hubby, aka Swaggy P!

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