Loov just appeared in the minors during 2017-18, but recorded a combined 24 points (five goals, 19 assists) in 60 games with AHL Binghampton and AHL Iowa.
Loov was sent down to AHL Iowa on Sunday, Michael Russo of The Athletic reports.
Loov was recalled from AHL Iowa on Friday.
The Wild acquired Loov from the Devils in exchange for forwards Christoph Bertschy and Mario Lucia on Thursday.
Loov was placed on waivers by the Devils on Saturday, Bob McKenzie of TSN reports.
Loov signed a one-year, two-way contract worth $650,000 with the Devils on Tuesday.
Loov was dealt to New Jersey on Saturday, with Toronto receiving recently waived forward Sergey Kalinin, The Record reports.
Loov (undisclosed) was sent to AHL Toronto on Monday, James Mirtle of TSN reports.
Loov (undisclosed) has been ruled out against the Lightning on Tuesday, Mark Masters of TSN reports.