Wade needs knee surgery, out of London Olympics

MIAMI -- Dwyane Wade needs surgery on his left knee and will miss the London Olympics.

The Miami Heat guard called USA Basketball chairman Jerry Colangelo and coach Mike Krzyzewski on Thursday and let them know that he is not healthy enough to participate in the Olympics. Wade was playing through pain for much of the postseason, yet still averaged 22.6 points during Miami's five-game win over Oklahoma City in the NBA Finals.

Wade tells The Associated Press that the situation is disappointing. Wade and his doctors are in the process of scheduling the surgery.

Wade was the leading scorer on the team that won Olympic gold in Beijing four years ago. He also played for the U.S. on the squad that won bronze at Athens in 2004.