The big man is questionable for Monday's home game against the Jazz, according to the team.
Davis' arm was tucked in a sling after the loss. X-rays were negative.
The dunk that drove Davis from the game was a two-handed jam off of Tyreke Evans' lob. Davis' body swung like a pendulum as he held the rum, then the 6-foot-10, 240-pound forward fell horizontally as he lost his grip.
Davis stayed in the game briefly before taking himself out with the score tied at 35 and 4:16 left in the first half.
The Associated Press contributed to this report.