Hayden Panettiere shines in black

Celebrity, Jewelry & Accessories

Courtesy of Erica Courtney

Wednesday night loads of Hollywood starlets got all dolled up to go out and celebrate their favorite athletes, a.k.a. see Justin Timberlake host the 2008 ESPY Awards (which airs tonight at 9 p.m. on ESPN.) And while there were a lot of show stopping fashions (kudos to Sophia Bush for her sexy off-the-shoulder number and Kate Walsh who dazzled in purple) Hayden Panettiere's huge black diamond ring really is what we want to tell you about.

The 57-carat platinum cocktail ring is by Erica Courtney and sells for $141,600! She wore the piece on her middle finger, despite reports from In Touch Weekly that her boyfriend Milo Ventimiglia, who is 13 years her senior, is planning to propose.

We don't know if Hayden will follow in Carmen Electra's footsteps and request a black diamond for her engagement ring, but check back here for more information on Hayden's engagement and all of your celebrity wedding news. —Cari Wolfert

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