The "Hotline Bling" rapper received his official ring Thursday night, prior of tip-off at the Scotiabank Arena for the defending champs' opening game of the 2019-20 NBA season. According to Jason Arasheben of Beverly Hills, Drake's handmade ring is worth $150,000 and contains 30 carats of diamonds. It was designed by David Yurman and valued by EJ Chaney of The Rock Report. Drake announced the news on social media with a photo of him wearing the ring: "Thank you @rockreport for covering my wedding ring! I love that place!" The ceremony and reception were held at the arena with guests including Kevin Durant, Kyrie Irving, Chris Paul, DeMarcus Cousins and Jimmy Butler. In addition to music, there was food from some of Los Angeles' hottest restaurants, including Oxheart, Umami Burger and Wolfgang Puck. After the ceremony, Drake and Beyoncé left in a black Cadillac Escalade with police escorts while hundreds of fans lined up outside the venue waiting to get inside. Drake also has two other rings he wore during the ceremony - one from Louis Vuitton and another that cost $750,000 and was designed by Mouawad. He got these rings after winning three awards at the 2017 VMAs. His wife Beyoncé also has a ring that she wore during the ceremony.