TODAY: Lovelady has opted to reject the outright assignment and become a free agent, according to his MLB.com profile page.
APRIL 4: The Blue Jays have sent left-hander Richard Lovelady outright to Triple-A Buffalo, according to his transactions tracker at MLB.com. That indicates he cleared waivers after being designated for assignment a few days ago.
Lovelady, 29, has the right to elect free agency but it’s unclear if he will do so. Players with at least three years of major league service time, such as Lovelady, have that right. However, a player needs at least five years of service in order to both elect free agency and retain whatever money is still owed to him on his contract. Lovelady is just barely over the three-year…