Montagna, however, made light of his remarks which were heard during the game's broadcast saying that he and Lovett were close friends.
"Andy Lovett and I are actually good mates," Montagna said.
"We'd had a flat third quarter and Essendon were coming back and I thought a little bit of spark might just get the boys going again.
"So I just had a bit of a scuffle with Andy and I knew he wasn't going to hurt me cos we're mates. He might have just thrown a leg into me - given me a little corky or something like that - which got me a little bit agitated, especially coming from Andy, cos, as I said, we're mates."
Lovett is understood to not be looking to take the matter any further.
Later analysis of the video footage, however, reveal that it was Nick Riewoldt who verbalised the sledge at Lovett.