Fayne will need a rehabilitation period of eight to 10 weeks.
"Just a normal groin situation," Lamoriello told The Star-Ledger. "The eight-to-10 weeks is total rehab."
The 26-year-old had four goals and 11 points in 72 games this season. He completed a two-year, $2.6 million contract and can become an unrestricted free agent July 1.
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