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06/02/2015 05:53 am ET

Nick Young Proposes To Iggy Azalea, Later Says: 'It's Over Man. I'm Getting Married!'

Erik Kabik Photography/MediaPunch/IPx

NBA player Nick “Swaggy P” Young and rapper Iggy Azalea are engaged.

Young popped the question while celebrating his 30th birthday on Monday. Entrepreneur Karen Civil, who has close ties with the hip-hop industry, tweeted a video of the Los Angeles Lakers star shouting “Will you marry me?” to Azalea while down on one knee.

The Australian rapper responds: "Yes!"

Young later posted a photograph on Instagram of him and Azalea, 24, sharing a kiss.

“She said yes. It’s over man. I’m getting married!” the photo caption read.

The couple has been dating since 2013, per TMZ.

A photo posted by Nick Young (@swaggyp1) on

According to the NY Daily News, Young proposed with an engagement ring worth an estimated $500,000.

"Nick was very involved in designing the ring," Jason Arasheben, CEO of Jason of Beverly Hills, said in a news release. "We wanted it to be both a ring of Iggy's dreams and a ring that fits her personal style."

It’s been a tough year for both Young and Azalea so the engagement is sure to lift their spirits. The Los Angeles Lakers had a disappointing season, with only 21 wins, and Azalea has been having trouble organizing her “Great Escape Tour,” which was recently canceled.

Congratulations to the happy couple!

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