Denver Broncos running back C.J. Anderson appears to have avoided a long-term absence as a consequence of the knee surgery he underwent Thursday, despite fears he'd be out for a more significant period.

The arthroscopic procedure is considered minor and Anderson could return to action in as little as four weeks, a source told ESPN's Adam Schefter.

Leading up to Thursday, reports suggested Anderson would probably be placed on injured reserve after undergoing knee surgery for a torn meniscus, meaning he'd miss at least eight weeks before having a chance to be activated.

The more favorable timeline reported Friday could conceivably make the Broncos willing to hold his roster spot for the next few games, clearing the way for him to return with about a month left in the regular season.

Devontae Booker has shown well in his limited opportunities thus far, so Denver should be confident in transitioning the rookie to a featured role. Anderson returning for the stretch run would provide a significant boost to the offense, though, as having a pair of capable backs would help take pressure off the passing game.

Anderson remained with the Broncos this past offseason when the team elected to match a four-year offer sheet from the Miami Dolphins. He currently leads the team with 437 yards and four rushing touchdowns on 110 carries.