George's rehabilitation program is set to begin and he will be re-evaluated prior to the start of training camp, the Sixers said.
The coming NBA season would be George's 16th since Indiana drafted him 10th overall in 2010 out of Fresno State.
George, who turned 35 on May 2, signed a $212 million, four-year contract in free agency last summer. But his first year in Philly was marred by knee and adductor injuries that resulted in the forward having one of the worst years of his NBA career.
He averaged 16.2 points in just 41 games, easily his lowest scoring average in a full season since he averaged 12.1 points for Indiana in his second NBA season.
The nine-time NBA All-Star has averaged 20.6 points in 908 career games.
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