Indecent Proposal is the second studio album by American hip hop duo Timbaland & Magoo.

Production was entirely handled by Timbaland himself, except for two songs, which were produced with Craig Brockman.

It features guest appearances from Sebastian, Petey Pablo, Static Major, Sin, Tweet, Aaliyah, DJ S&S, Fatman Scoop, Jay-Z, Ludacris, Mad Skillz, Ms. Jade, Troy Mitchell and Twista.

The album is dedicated to the memory of Aaliyah, who had died in a plane crash on August 25, 2001.

The two official singles from Indecent Proposal were "Drop", and the Indian-influenced "All Y'all".