Derek Jeter definitely put a ring on it.

The 41-year-old former New York Yankees shortstop's fiancee, 25-year-old Sports Illustrated swimsuit model Hannah Davis, stepped out with her mother in New York City on Monday, sporting her massive engagement ring.

Obviously, Davis' new bling was pretty substantial.

WATCH: Julianne Hough Flaunts Her Engagement Ring

Later that night, the couple met up, both casually dressed for the cold.

According to reports, the ring looks to be no less than three carats, and is valued at close to $300,000.

Jeter and Davis got engaged late last month, and the two celebrated the news in Napa, California with family, ET previously confirmed. The private athlete later confirmed the engagement news himself, referring to Davis as his "fiancee" in an article posted on The Players' Tribune on Tuesday. Opening up about how his beloved dog, Kane, came into his life, Jeter wrote, "He was a Christmas gift last year from my fiancee, whose family had Mastiffs growing up."

The photogenic couple have been linked since 2012.

WATCH: Derek Jeter Gets a Yankee Stadium Send-Off Fit for Hollywood

Watch the video below to see five things you may not know about the fiercely private supermodel and soon to be Mrs. Jeter.

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