Taylor has not played since Nov. 20 against Iowa in the 2K Classic, missing 10 games. Taylor was injured late in the second half of the Iowa victory while being fouled driving to the basket.
Taylor is the Longhorns' leading scorer and averaged 15 points, four rebounds and three assists in three games this season before the injury.
The 11th-ranked Longhorns (11-2) open Big 12 conference play on the road Saturday against Texas Tech (10-3), which has lost 11 of its last 12 games to Texas.
- Scooby Axson