Nick Young may have gotten dumped by Iggy Azalea, but at least he has a sense of humor about it.

The Australian rapper called off her engagement to the Lakers star earlier this month citing trust issues. Young infamously was videotaped by teammate D'Angelo Russell admitting to cheating on Azalea in footage that eventually leaked and inevitably broke up their engagement.

Young and Azalea came to terms on a swap where she'd give him his engagement ring back in exchange for the NBA star returning to her the car the "Fancy" singer gifted to him last Christmas.

The Lakers forward appeared to be in good spirits on Tuesday night and even joked about the ring's whereabouts.

"I lost it," Young quipped, adding a laugh, when asked about the ring by TMZ Sports. "I need some insurance money."

Young, 31, is currently under a four-year contract worth north of $21 million, so obviously he doesn't need the cash. The Lakers star will earn over $5 million in each of the next two seasons before hitting unrestricted free agency in 2018, according to Spotrac.

Though they tried to work things out after the cheating scandal, Azalea announced on Instagram last week that she's opted to move on from her former fiancé. The rapper referenced her future as a "blank page" and Young later fired off a tweet that simply read, "single."

Young and Azalea appeared to overcome their issues after the video, but the Australian rapper kept her fiancé in the doghouse. A few weeks later, they were seen out together having a good time, which led to speculation that things were getting better, but it seems the infidelity was too much for Azalea to overcome.

The couple pushed back their wedding date before the scandal broke, but never set a new one, which led to a lot of speculation that the end could be near for them.

Azalea made it clear that she wasn't fine with what Young did behind her back, and even threatened bodily harm on him should he ever do it again. After openly talking about the issues, Azalea then made a public request for her privacy before breaking her silence with the Instagram post a few weeks later.

Young may have lost his fiancée, but his sense of humor is still very much intact.

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