Early reports were that Wheeler would be out for multiple weeks after suffering the injury in the game against the Vancouver Canucks.
Wheeler was hurt in a collision with teammate Nathan Beaulieu and Canucks forward Vasili Podkolzin in front of the Jets' net. He immediately grabbed his knee and struggled to skate off the ice.
The 35-year-old had his first goal of the season and two assists in the game before having to leave. Wheeler has one goal and 16 assists in 22 games this season.