Finished lovey is approximately 15 inches depending on your yarn and tension.

Materials:
Velvet yarn (approx. 180yds)
I used Bernat Velvet which is a weight 5, but Bernat Baby Velvet can also work but you may need to adjust your hook sizes down a size 3.5mm and 5mm
Tan/accent color for border, nose, and ears (Weight 4)
Approx 25yds
4mm crochet hook
5.5mm crochet hook (for blanket)
Stitch marker (optional)
Polyfil
10mm safety eyes (bigger/smaller is ok)- optional
Tapestry needle

Abbreviations:
MR: Magic Ring
Sc: Single crochet
Dc: Double Crochet
Inc: Increase- place two sc into the same stitch
Dec: Invisible decrease- sc two stitches together
FO: Fasten off
Ss: Slip stitch
Ch: Chain
Ch 1 sp: Corner space
Sp: Space between clusters

Notes:
The head and arms are worked in a continuous round unless otherwise stated.
Cream accent yarn is NOT velvet yarn, it is a regular weight 4 yarn.
The blanket is done similarly to a traditional granny square, but the corners have a chain 1 and no chains between the clusters on the sides.
Whenever it says to work in the next space, it is referring to the next space between clusters in the blanket below.
Some people are wary when using safety eyes, so as an alternative you can always sew on sleepy eyes or make them out of yarn. I personally glue/burn the back of the safety eyes to improve their durability. In the assembly section there is a video on how to embroider sleepy eyes.