Posted by Sabrina B. @gametimegirl

It’s only been two days since he got engaged — and TMZ has learned VH1 has already offered Chad Ochocinco and his freshly-minted fiancée a new reality show … but there’s a catch.

According to sources close to the couple, VH1 made an offer to Chad and “Basketball Wives” star Evelyn Lozada on Tuesday … just hours after news broke about the 10-carat engagement.

We’re told the show would be centered around the couple’s post-engagement relationship leading up to the wedding.

According to sources, the couple is very interested … but won’t sign unless “the money and situation are right.”

But clock’s ticking — because we’re told VH1 wants to start shooting ASAP.