The Heat will honor gold-medal-winning guard Dwyane Wade with a public ceremony on Thursday at AmericanAirlines Arena, according to South Florida Sun-Sentinel.

An Olympics/Wade banner will be unveiled alongside the team's division and championship banners.

Wade will become the third player to have his name raised to the rafters, with the Heat having hoisted the jerseys of former Miami Dolphins' quarterback Dan Marino and NBA legend Michael Jordan in the past.