Pavelec will hang up his skates and end his professional career, Austin Siragusa of Global Winnipeg reports.
Pavelec saved 26 of 27 shots after entering in the first period of Monday's 4-2 loss to Washington.
Pavelec (knee) will serve as Alexandar Georgiev's backup for Thursday's game against the Flyers, Colin Stephenson of Newsday reports.
Pavelec will miss 2-3 weeks with a sprained MCL.
Pavelec has been placed on injured reserve, per the NHL media site.
Pavelec sustained a knee injury in Friday's game against the Flames that will cost him the remainder of the contest.
Pavelec will start in net Friday against the Flames at Madison Square Garden, Steve Zipay of Newsday reports.