Erin Andrews — Not Engaged … Despite Massive Diamond Ring

It looks like an engagement ring … she’s flaunting it like an engagement ring … but the rock on Erin Andrews‘ finger is NOT an engagement ring. 

Andrews has been dating L.A. Kings superstar Jarret Stoll for a while … after she posted a pic with that huge diamond before last night’s “Dancing with the Stars” premiere, there was buzz that he finally popped the question.

Turns out … the ring wasn’t from Stoll — it was from wardrobe … specifically Erin would look “blinged out” for the big show.

But the ring was no low-cost prop — according to E!, it was a special asscher-cut diamond ring that weighed in at 2.01 carats with 22 baguette diamonds and 88 other microset diamonds.

Looked good though … just sayin’, Jarret.