The play came in the third quarter of Team LeBron's 178-164 win against Team Giannis on Sunday in Charlotte, N.C.
Team Giannis led 101-87 with about 10:30 remaining in the frame when Golden State Warriors star Kevin Durant secured a steal. Durant looked up the court and quickly fired a pass up to Wade, who was running down the left flank. Wade looked back to see a trailing James before throwing the ball off of the backboard.
James came flying in and caught the ball, before slamming it through the rim with both hands.
"My only goal All-Star Weekend is to try to throw LeBron one lob because that's what everybody wants to see," Wade told the Miami Herald before the game.
Wade finished his final All-Star appearance with seven points, four assists and two rebounds. James had 19 points, eight boards and four helpers. Durant won MVP honors with 31 points, seven rebounds, two blocks and two assists for Team LeBron.
It had to happen once last time...- Miami HEAT (@MiamiHEAT) February 18, 2019
[cc: 2010-2014] pic.twitter.com/H5jdIlvL7l
"It meant everything," James told reporters. "Like I have been saying the last couple of days, it has been a bittersweet moment with me for him. The bitter part is that this is our last time being on the same floor together and playing the game we love so much."