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What a rock! TMZ reports that Kim Kardashian’s Lorraine Schwartz 20.5 carat diamond engagement ring is valued at a whopping 2 million dollars. According to TMZ, “The ring ― designed by Lorraine Schwartz ― features a 16.5 carat emerald cut center stone flanked by two 2-carat trapezoids … for a grand total of 20.5 carats.”

STORY: Kim Kardashian and Kris Humphries Are Engaged!

According to ESPN, Kris Humphries raked in $3.2 million for the 2011 season with the New Jersey Nets, so our boy Kris might have to get a few more rebounds next year to make his ring payments on time.

PHOTOS:  Other Big A** Diamond Rocks! (PHOTOS)

The two just got engaged and have been dating since December.  We wish them all of the best on this joyous day! Mazel Tov!