Terry had offseason surgery on his knee and apparently has not felt right all season. Before this decision, Terry was having the worst season of his career by far, with career lows in most statistical categories.
Terry's absence this season does not necessarily mean that he will never join the team. He is still under contract for next season, and should the team not buy him out or trade him, he'll likely rejoin the team next training camp.
Reggie Evans will be with the team this year although it's unlikely he'll see much playing time barring injury and/or foul trouble of our other big men.
UPDATE 10:04 AM: The Kings have sent out a press release on Terry:
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