James and his team-mates took part in a scrimmage before a near-capacity stadium, and he was met with a loud cheer when introduced to the Cavs fans.
The two-time NBA champion with the Miami Heat scored 13 points in two quarters, as his Wine side beat the Gold 66-52 in three 12-minute quarters - albeit the scores were reset after each quarter, and some players switched teams throughout the session.
James' first run around back in a Cleveland shirt came on the same day - ironically - he revealed he has produced two TV shows, one of which is titled 'Becoming'.
The four-time NBA MVP revealed he was going to leave Cleveland for Miami in July 2010 via a primetime TV slot.
"I'm really excited about helping develop 'Becoming' and bringing this kind of program to kids," James said in a statement.
"Sports and athletes were my inspiration growing up. It was the stories about Michael Jordan, Deion Sanders, and Allen Iverson that kept me dreaming.
"When I learned that they had some of the same struggles and challenges I did, it made everything seem possible. That's what 'Becoming' is all about."