It definitely has not been fixed yet:
Hardball Dynasty – Fantasy Baseball Sim Games - Player Profile: Rey Tazawa
That guy is obviously not an important piece, but he illustrates the bug very well. He was pretty much done progressing, experienced a massive injury, and now is much better than he ever was before the injury. From what I can see, this is only an issue with injuries that are carried over from previous seasons. I have found that when I have a 150-day injury to a player in-season, he won't get any injury update cycles until the last day before he is ready to come off the DL. If he has a long injury that is carried over from previous seasons, then he will get injury updates periodically. As you can see, Tazawa has received three injury bumps this year and we are only 67 games into the minor league schedule. There are two issues with the way recovery is handled:
1) Players on the DL from the previous season see miraculous recovery, where they end up significantly better than before they got hurt
2) Players with current-season injuries don't receive any injury recovery until the last cycle before they come off the DL.
Injuries are such an important part of the game. I really wish Admin would address this issue.