His status for Sunday's game against the Chicago Bulls will be determined just before the game.
The injury occurred when James was hit in the face by Thunder center Serge Ibaka while James was driving to the basket with 5:56 remaining in the fourth quarter.
No foul was called on the play. James bled on the floor before heading to the locker room. He did not return to the game or comment afterward.
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The Orlando Magic and forward Glen Davis have mutually agreed to a contract buyout.
Financial terms were not released by the team.
Davis averaged 12.1 points and 6.3 rebounds in 30.1 minutes over 45 games (43 starts) with the Magic this season.
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The Philadelphia 76ers have waived newly acquired power forward Earl Clark.
Clark, center Henry Sims and two draft picks came to the Sixers from the Cleveland Cavaliers on Thursday in exchange for center Spencer Hawes.
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The Atlanta Hawks have waived forward Antawn Jamison one day after he was acquired in a trade.
The Hawks obtained Jamison from the Los Angeles Clippers on Thursday in exchange for the draft rights to Cenk Akyol.
The Hawks also signed forward Cartier Martin for the remainder of the season and recalled guard Jared Cunningham from the Bakersfield Jam of the NBA Development League.
- Sports & Recreation
- Chicago Bulls
- Serge Ibaka
- Orlando Magic