The 36-year-old star guard played his first 13 seasons with Miami.
Steve Nash won back-to-back MVP awards in 2004-05 and 2005-06 and led the league five times in assists.
Clarkson, who dashed to Jakarta last week after the US league released him in a last-minute U-turn, said Sunday he had wanted to play for the Philippines for years but had been repeatedly blocked.
However Clarkson, who has never played for the Philippines, and the Philippine federation (SBP) said they have been informed that the NBA would not release him for the Asiad.
The announcement comes two days after the league released their abbreviated schedule for its 73rd season.
The Golden State Warriors star, who is making his second appearance in the tournament in as many years, was tied for 106th place in the 154 player field.
The NBA announced dates for several high-profile games ahead of releasing the full schedule for its 73rd season on Friday.
The Gilas announced their withdrawal from the Asiad basketball tournament on July 27 after basketball's governing body FIBA suspended 10 of their players and two coaches over the July 2 Manila mele.
Basketball's governing body FIBA suspended 10 players and two coaches from the Philippines national squad over the melee.
The previous record of 20 was held by Kobe Bryant with the Los Angeles Lakers.
The crew which officiated the game were also suspended from competition.
DeRozan, a 28-year-old guard, has spent all nine of his NBA seasons with the Raptors.
The Lakers, 16-time NBA champions, have missed the playoffs for five consecutive seasons.
Durant averaged 28.8 points, 10.8 rebounds, 7.5 assists and 2.0 blocked shots as Warriors swept Cleveland to capture the title.
The fight resulted in 13 players being ejected and the Australians sought embassy help to fast-track their departure from the Philippines.