alex rodriguez and jennifer lopez january 2020
Alex Rodriguez, left, and Jennifer Lopez arrive at the 77th annual Golden Globe Awards at the Beverly Hilton Hotel on Sunday, Jan. 5, 2020, in Beverly Hills, Calif.
Jordan Strauss/Invision/AP

Jennifer Lopez and Alex Rodriguez have confirmed they called off their two-year engagement, saying they're "better as friends."

The couple revealed their breakup in a joint statement to the "TODAY" show.

"We have realized we are better as friends and look forward to remaining so," they said. "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 to say is thank you to everyone who has sent kind words and support."

This is a developing story. Please check back for more updates.

Read the original article on Insider