Venus Williams is done for the season because of a left knee injury.

In a statement released to The Associated Press on Wednesday, the seven-time Grand Slam champion says she will miss the WTA Tour Championships at the end of October, and the Fed Cup final between the United States and Italy at San Diego in November.

Williams says she has been making progress'' with treatment on the knee,but unfortunately must continue to keep weight off my knee for the short term, and won't be ready to return to competition in 2010.''

She is No. 3 in this week's WTA rankings and went 38-7 with two titles in singles, and 18-1 with three titles in doubles in 2010, earning more than $2.5 million in prize money. But she hasn't played since the U.S. Open semifinals.