Chanceller James: Waived with knee injury

James (knee) was waived/injured by the 49ers on Monday, Dave Southorn of the Idaho Statesman reports.

James tore his ACL on Saturday night during the 49ers' preseason opener, which is particularly concerning since he suffered the same injury twice during his college career at Boise State. If he clears waivers, he'll likely revert to the 49ers' injured reserve list.