MIAMI — Dwyane Wade needs surgery on his ailing left knee and will not play in next month's London Olympics.

The Miami Heat guard called USA Basketball chairman Jerry Colangelo and Olympic coach Mike Krzyzewski on Thursday to break the news, which was not totally unexpected after Wade played through pain in the postseason. He appeared in all 23 Heat playoff games despite the knee problems, averaging 22.6 points during Miami's five-game win over Oklahoma City in the NBA Finals.

"I've decided to listen to my doctors and get the procedure I need on my knee," Wade told The Associated Press on Thursday. "USA Basketball said I had to do what was best for me. They want me to be obviously as healthy as possible so I can continue to play this game at a high level. They were very supportive and told me if I ever want to come around the team, I'm welcome and that I'm part of the family."

Wade and his doctors are in the process of scheduling the surgery. Wade has been told it will be basically a "cleanup" procedure and should have him on crutches for only about a day afterward.

If all goes according to plan, Wade will be ready for the start of training camp with the Heat this fall.

"That's the way we laid it out," Wade said. "Hopefully nothing changes. ... I don't think it's going to limit me too much."

Wade's departure leaves 17 players in the mix for 12 spots on the U.S. Olympic team. That group convenes in Las Vegas next week to start training camp, then has five exhibitions with international teams before opening Olympic play against France on July 29.

Wade was the leading scorer for the U.S. team on its way to gold at the Beijing Games four years ago, and he hoped to be part of defending that title in London. But after meeting with doctors, Wade realized surgery was inevitable and delaying it until after the Olympics would seriously jeopardize his chance of being ready for the start of Miami's championship defense.

"We're totally supportive of Dwyane's decision and hope that he has a full and speedy recovery. He has been an amazing member of USA Basketball," Krzyzewski said in a statement.

Wade told The AP last week that making sure he's ready for the rest of his career with the Heat would be his top priority, though the decision to pass on a chance to play in his third – and what would have been final – Olympics was extremely difficult nonetheless.

"The reason I wanted to play this time around was because of the guys, a lot of guys from that team and the camaraderie that we shared – that was special. I'm going to miss that," Wade said. "And another reason why I wanted to play again is that my sons are a little older this time. They'd have an opportunity to be there, to share in the experience."

Wade's decision means that Miami will have no more than two players on the U.S. team in London. Finals MVP LeBron James is a lock for the team, and forward Chris Bosh said earlier this week that he's "all in – for now" despite missing nine playoff games with a strained abdominal muscle. Bosh said he would confer with doctors before making a final commitment to the Olympic team.

USA Basketball won 26 of its last 27 games with Wade in the lineup and is 36-5 overall with him on teams. Three of those five losses came at the 2004 Athens Olympics, when the Americans left with the bronze medal. Wade won his first NBA championship two years later and averaged 16 points while coming off the bench for the "Redeem Team" that won gold in Beijing in 2008.

"D-Wade has a lot of equity with USA Basketball and has made great contributions to our program and we're sorry he won't be with us this summer, but we know he'll be with us in spirit," Colangelo said.

The gold medal game four years ago was perhaps Wade's best in a red, white and blue uniform: He scored a game-high 27 points on only 12 shots, as the Americans topped Spain 118-107 for the Olympic title.

"I'm happy that I can focus on my body a little bit," Wade said. "I'm not happy to get surgery, but I'm happy that I can focus on getting better."

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  • June 2012

    The champion downplayed the typical suit-and-tie look by throwing on a knitted periwinkle and orange tie when he went on "The View" with his teammates. Also, jeans and... purple suede shoes!?

  • June 2012

    While on "Late Night With Jimmy Fallon," Wade showed the host how to properly wear his signature nerd glasses. Also notable was his grey scarf, black blazer, and an unexpected pop of color with peach pants.

  • June 2012

    He must have been feeling extra confident after beating the Oklahoma City Thunder, because Wade takes the weird factor up a notch when rocking a pair of flip-up glasses at the post-game press conference on June 19. Possibly an homage to his nearly name twin, <a href="http://www.sbnation.com/nba/2012/6/20/3098932/dwyane-wade-dwayne-wayne-nba-finals-heat-thunder" target="_hplink">Dwayne Wayne</a>?

  • June 2012

    Wade adds funk to his sophisticated suit with a pair of leopard-print eyeglasses on June 18.

  • June 2012

    Besides the nerd glasses, Wade also wears a teal bandage on his finger to match his shirt on June 14.

  • June 2012

    Bling! Wade wears a fly watch to go with his gingham suit on on June 12.

  • June 2012

    Wade and teammate LeBron James join the NBA's nerd glasses fashion revolution during a post-game conference on June 9.

  • April 2012

    Wade plays it cool while hanging out with New York Jets quarterback Tim Tebow, wearing a casual Yves Saint Laurent shirt under a light jacket at a baseball game in April 2012.

  • February 2012

    Wade sits with fashion buddy LeBron James at the Taco Bell Skills Challenge in February 2012 while donning a sleek combo: leather jacket with the "nerd glasses" that got people talking.

  • January 2012

    Wearing a khaki-colored suit, Wade turns heads at the Philips Arena in January 2012 at an Atlanta Hawks game.

  • December 2011

    While at a party at The Webster in December 2011, Wade mixes a suit jacket with jeans for a casual but classy look.

  • November 2011

    He might live in Miami, but this Chicago native know how to keep warm. During an Oregon Ducks game in November 2011, Wade goes all black when taking a picture with mascot, Puddles.

  • September 2011

    During the Mercedes-Benz Fashion Week in September 2011, Wade modernizes old school chic by adding sneakers to his outfit.

  • September 2011

    At Prada Fashion's Night Out in September 2011, Wade makes the suit more casual with a waffle tee and snakeskin sneakers.

  • September 2011

    With a striped shirt peeking through his black jacket, it adds a touch of flair to his dark color scheme at the Mercedes-Benz Fashion Week in September 2011.

  • June 2011

    We don't even know where to start. The silk baby blue suit jacket, whacky pocket square, and ripped jeans are not working at the DSquared2 fashion show in June 2011 in Italy's fashion capital, Milan.

  • June 2011

    We're too distracted by Wade's fitted suit with a pop of pastel yellow to notice the blatant product placement in this post game conference in June 2011.

  • June 2011

    Wade struts new kicks in game against the Mavericks in the 2011 NBA Finals.

  • June 2011

    Wade and Carmelo Anthony are the men in black during the Versace fashion show in June 2011.

  • June 2011

    Wade even looks good when he's feeling down. Sporting a khaki suit at this post-game news conference, we feel a little bit better about the Heat's loss to the Mavericks during the 2011 NBA Finals.

  • March 2011

    Fashion runs in the family! While enjoying tennis matches at the Sony Ericsson Open in March 2011, his boys Zaire, left, and Zion are also dressed to impress.

  • February 2011

    With the rest of the Miami Thrice, Wade wears a navy blue suit and patterned tie at the 2011 NBA All-Star Game in February 2011.

  • October 2010

    Wade gets political while supporting then Florida governor candidate Kendrick Meek in October 2010. Wearing a nice button up with khakis, we have to point out that cargo shorts a little passe. We'll give it to him that it was two years ago.

  • May 2010

    At the May 2010 New York City premiere of "Just Wright," the basketball player looks just that in a charcoal suit.

  • February 2010

    Wade shows growth from his over-sized hoodie days when standing next to Dwight Howard at the NBA All-Star Jam Session in February 2010.

  • February 2010

    For a daytime look, Wade adds a grey suit jacket to the khaki mix at the All-Star Luncheon he hosted with Mike Modano in February 2010.

  • February 2010

    Pairing a purple tartan scarf with his grey and pink get up, he shows more originality in fashion than football player Pierre Thomas at the FABULOUS 23 dinner hosted by Jordan Brand in February 2010.

  • February 2010

    Wade outshines Carmelo Anthony and Michael Jordan with his grey suit and pink tie at the FABULOUS 23 dinner hosted by Jordan Brand in February 2010.

  • August 2009

    When he removes his suit jacket, Wade is still suave in a cream shirt and patterned tie at the Michigan Avenue Magazine private dinner in Chicago in August 2009.

  • August 2009

    Wade resurrects old Hollywood glamour in a tux during the 2009 U.S. Olympic Hall of Fame Induction Ceremony.

  • June 2009

    In a talk with young men from D.C. area schools in June 2009, Wade pairs periwinkle with grey for a playful but serious look. President Obama seems to approve.

  • June 2009

    While accepting an award at the Cedars-Sinai Medical Center's 24th Annual Sports Spectacular in June 2007, he shows his professional side in a three-piece suit, but adds some flair with gold accents. Note the giant yellow diamond in his ear.

  • June 2009

    Wade relaxes during a Lakers-Magic basketball game in June 2009 when wearing a simple baseball cap and button-up shirt.

  • June 2009

    Wade is all fun at the A Time for Heroes Celebrity Carnival in June 2007 while wearing a casual but crisp white sweater in June 2009.

  • May 2009

    During Spike TV's "Guys Choice Awards" in May 2009, Wade struts his stuff in a brown leather jacket.

  • February 2009

    Wade gets a little too daring with fashion when he pairs red-rimmed classes with a yellow and blue outfit during on All-Star Saturday Night in February 2009. Party on the top, business casual on the bottom.

  • February 2009

    Not only does he try out the bow tie, he pairs it with a bright yellow cardigan at the 2009 NBA All-Star Weekend in February 2009, where he served as assistant coach of the Rookie team. He exudes confidence while being interviewed by Craig Sager, whose outfit is arguably just as bright.

  • February 2009

    Not only does he try out the bow tie, he pairs it with a bright yellow cardigan at the 2009 NBA All-Star Weekend in February 2009, where he served as assistant coach of the Rookie team.

  • February 2009

    Wade gets a little too daring with fashion when he pairs red-rimmed classes with a yellow and blue outfit during on All-Star Saturday Night in February 2009.

  • November 2007

    Wade tries out a new color, mustard, in his suit collection before a game against the Charlotte Bobcats in November 2007.

  • August 2008

    Wade even makes casual look good, wearing just a white tee and a frayed hat when watching the American women's basketball team take on the Czech Republic at the 2008 Beijing Olympics.

  • August 2008

    In a look that suits everyone, Wade joins the rest of the American basketball team during the 2008 Beijing Olympics, styled by American design icon Ralph Lauren.

  • July 2007

    Mixing darks and lights, Wade goes clean cut at the ESPY Awards in July 2007.

  • June 2007

    Just when we thought he'd made a full fashion metamorphosis, Wade shows up at the 2007 BET Awards after party dressed like a sunny side up egg.

  • March 2007

    Wade exudes Miami cool in this olive-colored button up during the women's final at the 2007 Sony Ericsson Open.

  • January 2007

    A wrapped ankle doesn't cramp Wade's style, since everyone's too busy looking at his new Jordans in January 2007.

  • July 2006

    Although they didn't know they'd be teammates yet, Wade and LeBron James seem to bond over a fashion moment. Wade brings back the Panama hat, matching his cream suit at the ESPY Awards in July 2006.

  • June 2006

    Sigh, Wade's clothes take a relapse when he goes baggy while playing one-on-one with Adam Sander on TRL in June 2006.

  • June 2005

    Wade's fashion sense goes up a notch when this time, he pairs an uber South Florida-style Panama hat with his suit at the ESPY Awards in July 2005.

  • July 2004

    Young Wade apparently took fashion advice from Samuel L. Jackson, wearing a newsboy hat to match his suit at the ESPY Awards in July 2004.

  • Sprite Slam Dunk Contest

    PHOENIX - FEBRUARY 14: Dwyane Wade of the Miami Heat sits courtside for the Sprite Slam Dunk Contest on All-Star Saturday Night, part of 2009 NBA All-Star Weekend at US Airways Center on February 14, 2009 in Phoenix, Arizona. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ronald Martinez/Getty Images)