The Rays non-tendered Lovelady on Friday.
Lovelady was designated for assignment by the Rays on Tuesday, and he'll now officially enter free agency and look to sign with a team in need of a southpaw out of the bullpen. Across 35 major-league appearances between the Cubs and Rays in 2024, Lovelady posted a 4.46 ERA and 1.31 WHIP over 34.1 innings.