Beverley suffered the injury in the Rockets' victory Thursday night over the Philadelphia 76ers. He will be re-examined and gather opinions before deciding on a course of treatment.
"We're going to work with the team and the team doctors," agent Kevin Bradbury told KRIV-TV in Houston. "We're going to go see Dr. [James] Andrews in Pensacola on Monday and get an evaluation, a second opinion, and then set the course of action from there."
Typically, there are several options in treating a torn meniscus, and they can keep a player out anywhere from a few weeks to four to six months.
"He felt like somebody had hit him [in] the funny bone, and the Rockets obviously being precautionary wanted to get the MRI," Bradbury said, according to the Fox affiliate.
The Rockets also are awaiting an update on center Dwight Howard. After missing three games following a procedure to remove a cyst from his left ankle, Howard told the Houston Chronicle that the ankle bothered him Thursday and he planned to have it evaluated by a specialist.
Beverley was in the midst of a breakout season as the team's starting point guard, especially because of his defensive ability on the perimeter. His stats of 9.9 points and 2.7 assists per game don't show how vital he is to the Rockets' defense. His strong play in the second half of the season has been a big factor in Houston's 27-8 record since Jan. 1. The Rockets, with a 49-22 record, hold the fourth seed in the Western Conference playoff standings.
When dealing with a torn meniscus, there is often an option to repair or remove it. If the damaged cartilage is removed, the player can often return in weeks, but there is a risk of complications in the future. If the tear is repaired, the recovery time is much greater, but fewer long-term risks result. Chicago Bulls point guard Derrick Rose had his meniscus repaired in November and was declared out for the season.
The Rockets will promote Jeremy Lin back into the starting lineup in Beverley's place. Lin has started 25 games this season, most of them when Beverley was out with a broken hand in December and January. He's averaging 12.4 points and 4.2 assists in 29 minutes a game as the team's top sub.