Waiters' decision to have surgery is not surprising considering his long history of trouble with the ankle.
Waiters has had issues with the left ankle for a while, and he's missed the last nine games after he turned the ankle in the first quarter of Miami's game against the Mavericks on December 22. Veteran Wayne Ellington has performed well in Waiters' stead, averaging 14.5 points and shooting at a 37 percent mark from distance in the past six games.More news: Allardyce confirms Everton pursuit of Walcott
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Waiters has tried to recover without surgery to no avail. He shot 39.8 percent from the field overall, including 30.6 percent from 3-point range.
But it's still a tough blow for the squad, which now sits at 24-17 and in fourth place in the Eastern Conference.
But he refused to use his ailing ankle as an excuse for his struggles and said his intention was to return and play the rest of this season once he was healed.