Calderon, 33, left the Knicks' preseason game against the Milwaukee Bucks on Oct. 20 with the injury and has not played since.
He is entering his first season with the Knicks after being traded from the Dallas Mavericks along with Samuel Dalembert for Tyson Chandler and Raymond Felton. He averaged 11.4 points and 4.7 assists last season while shooting 44.9 percent on three pointers.
Second-year point guard Shane Larkin, who was also acquired from Dallas, started in Calderon's place during Wednesday's season opening loss to the Chicago Bulls. Larkin had six points and three assists in 26 minutes as the Knicks only managed 80 points in their first game running the triangle offense under new head coach Derek Fisher.
Thirty-seven-year-old point guard Pablo Prigioni played 17 minutes against the Bulls and finished with four points, three assists and three steals.
- Paul Palladino