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Jennifer Lopez Shows Off Engagement Ring Worth $1M+

It features a 15-carat diamond.

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Jennifer Lopez is wearing a ring valued at over $1 million after she and former professional baseball player Alex Rodriguez announced their engagement over the weekend, Page Six reports.

Representatives from JamesAllen.com said the ring has a 15-carat emerald-cut stone and is likely worth more than $1 million.

“In the case of a stone this large and this high in quality, a simple setting is exactly what’s needed to allow the diamond to shine,” JamesAllen.com told Page Six.

Hollywood Life reports that the ring’s value may be much higher. 

Alicia Davis, vice president of merchandise for Shane Co., told the publication it could be worth $5 million.

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“This diamond is featured on a classic solitaire band which perfectly showcases this timeless, elongated cut,” Davis said.

Rodriguez proposed to Lopez during a Bahamas vacation.

Read more at the Page Six

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