Dallas, TX (Sports Network) - The United States men's Olympic basketball team will be announced July 7 rather than in June after injuries to a number of potential candidates.

The United States Olympic Committee granted the team an extension to name its 12-man team for the London Games this summer.

There are currently 22 finalists, but LaMarcus Aldridge, Chauncey Billups, Dwight Howard and Derrick Rose will likely be eliminated from contention because of injuries.

"We felt that it would be in the best interest of our selection process to give ourselves more time to finalize the USA roster," said Jerry Colangelo, who has headed the USA Basketball Men's National Team since 2005. "I want to personally thank USOC CEO Scott Blackman for his understanding and assistance with securing the extension.

"In addition to the unfortunate injuries suffered by four of our players, we anticipate that other finalists will advance deep into the playoffs, and we also anticipate having to consider some free agency developments. Doing it this way will give us the opportunity to look at the status of every player who is involved in our program."

Colangelo said the finalists will assemble in Las Vegas on July 5 for the start of the team's training camp and two practices will be conducted before a final decision is made.

At the team's media summit in Dallas, U.S. Olympic head coach Mike Krzyzewski indicated that this could be his last turn at the helm.

The Duke head coach said Monday he still wants to be part of the U.S. national program. He guided the Americans to the gold medal at the 2008 Games in Beijing.

05/14 13:46:15 ET