Reserving for response in the morning.
Dr Rob
Okay, so labral tears are no joke. Your shoulder is the most mobile joint in the body, providing the widest range of motion on all planes of motion. The issue is that with this incredible range of motion comes ridiculous amounts of instability. Your labrum functions to deepen the cup of the glenoid, providing essentially a suction cup fit to the top of your humerus (arm bone). Without a properly functioning labrum providing this suction effect, you are at an increased risk of dislocating your shoulder and straining your rotator cuff, leading to a tear of the rotator cuff and worsening the damage to the labrum. Catching this early and getting it repaired is the only way to prevent major issues down the road for your shoulder. Get it fixed sooner than later and take it easy on the shoulder between now and then.
Some people mentioned below Prolotherapy. While there is some anecdotal cases of miraculous recovery using prolotherapy on stretched or torn ligaments, there is no evidence based medicine to support this. Here's the idea: healing occurs as a result of part of the inflammatory response. Prolotherapy injects a mild irritant into an area in need of healing, provoking an inflammatory response, thus hypothetically improving the healing of that damaged area. The question is how does the body know which tissues in that area to affect? It doesn't! Additionally, this has been shown to be helpful in stretching/sprained ligaments, but has been proven completely ineffective in complete tears of ligaments and would certainly have no affect on a torn labrum. I'm sorry Ssky0078 but prolotherapy is a bad idea in this case. There are some cases where I'd be willing to give it a try before more aggressive treatments, but this just isn't one of them.
In the end, my recommendation is to get it fixed sooner than later. Missing one season of riding is a small price to pay for a pain free, healthy shoulder for the rest of your life and being able to ride well in future years as a result of it. If it's any consolation to you, I torn all the ligaments holding my shoulder to my collar bone (AC Separation) in a motorcycle accident several years ago. I took a year and a half off riding while it healed up and eventually needed surgery. I did try prolotherapy at that time which provided about 20% relief, but ultimately still left me with a useless shoulder functionally (I couldn't life more than 3-4lbs without pain). I'm glad I took the time to get my shoulder fixed and now can ride without issue, lift weights, hold my kid, etc. It wasn't fun, but surgery was the right choice.
My last piece of advice is that as important as the surgery is, the physical therapy is 10x more important. Without a strong muscular capsule around the shoulder, the shoulder will never function right. Your physical therapist will guide you through the recovery, improving strength and stability gradually, until you are back to your pre-injury or better strength. What is important is to continue these exercises essentially forever to keep your shoulder in good shape. This will help you prevent future injury.
Hope this was helpful.
Dr. Rob