The cause of the problem is the stainless steel pump liner warping.
There are several solutions. Of which, I can suggest the following.
Cheapest - Take out the prop, sand the liner some, this will get you through another season for almost free.
Next cheapest - Buy another used pump, but this is likely a waste of money.
Value - Have someone replace the liner. I had mine relined by Exactal Tool. If Scott is still doing these, you can reach him at (908) 561-1177
Best (also the most expensive by far) - buy a whole new pump
Hardest - swap out to a Yamaha pump with a replaceable plastic liner
I had Scott reline my pump 3 years ago. I think I paid $200?? I can't remember. Anyway, I was pleased with the results and the price was fair. I'd recommend relining the pump. Unless you decide to swap to a 144mm yamaha pump, then sand to get you through until you can find a fair deal on a yamaha set up.