Could it be? Has the time officially come where Nick Lachey is looking to settle down again? He is most certainly a long-term committment kinda guy. But engagement rings already? That's the scoop according to the National Enquirer. We even know what kind of diamond Vanessa Minnillo wants, an emerald cut.

"Vanessa has always wanted a cushion-cut diamond. But at the Kentucky Derby in May, Vanessa changed her mind after she aw an emerald-cut engagement ring on another Derby-goer's finger," said the friend.
The ring Vanessa fell in love with has a platinum band with a large emerald-cut diamond in the center and two smaller emerald-cut stones on each side. And as soon as she saw it, the 26-year-old former "Entertainment Tonight" personality gave Nick shopping instructions, says a pal. Buying the sparkly bauble is the next step toward sealing the deal between Vanessa and 33-year-old Nick. The couple, who began dating a year ago, bought a million-dollar two-bedroom condo in New York City's luxury Atelier building in April.