J-Lo and A-Rod are done!

After weeks of trying to work things out, Jennifer Lopez and Alex Rodriguez have officially called off their engagement.

In a joint statement, they said, “We have realized we are better as friends and look forward to remaining so. We will continue to work together and support each other on our shared businesses and projects. We wish the best for each other and one another’s children. Out of respect for them, the only other comment we have is to say is thank you to everyone who has sent kind words and support.”

Trouble in their relationship became public when rumors swirled of him cheating on her earlier this year. At the time, both stars denied it.

They were engaged for 2 years before their breakup.