The final phrase "Stays Here" has been scribbled over in bright red letters declaring "Returns."

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CLEVELAND -- An old banner initially used to woo LeBron James to stay with Cleveland in 2010 is hanging high in the city again.

The banner shows three sketches of LeBron with the words: Born here. Raised here. Plays Here. Stays Here.

JUST NOW: Disputing reports over Gilbert's letter

The final phrase "Stays Here" has been scribbled over in bright red letters declaring "Returns."

Twitter quickly ignited with fans tweeting pictures of the banner shortly after it was hung from a parking garage near Quicken Loans Arena.

VIDEO: LeBron returns to Miami

Some on social media misjudged its meaning, believing it was an official sign from the Cavs announcing LeBron's return.

It's not.

Although WKYC has not confirmed who put the banner in place Friday morning, we do know it's not from anybody with official information about LeBron's decision.

The banner is simply hopes.

Earlier Friday, reports surfaced that LeBron was struggling with the concept of returning to the Cavs because he still has an issue with owner Dan Gilbert's open letter four year ago.

LeBron is in Miami after an overnight flight from Las Vegas. He's flying to Brazil this weekend for the World Cup.

NBA Insider still reports LeBron will return to Cleveland

NBA reporter Chris Sheridan says free-agent forward LeBron James will be returning to the Cleveland Cavaliers, per a league source.

According to the report, James met with Miami Heat president Pat Riley yesterday to inform him of the decision to return to the Cavaliers, Sheridan's source said.

QUIZ: How well do you know LeBron James?

Sheridan described Wednesday's meeting by saying that Riley did his best to convince James to stay with the Heat because of stability in ownership and the front office, as compared to Cleveland, who has "a meddling owner" in Dan Gilbert.

Gilbert has changed coaches and general managers multiple times in the four years since James left Cleveland for Miami.

If James decides to return to Cleveland, where his career began after being chosen with the No. 1 overall pick in the 2003 NBA Draft, he will join a team in much better shape than when he left four years ago, according to Sheridan's report..

REPORT: LeBron will return to Cleveland

Although the Cavaliers have failed to make the playoffs since James left in July of 2010, they announced a five-year contract extension with All-Star point guard Kyrie Irving on Thursday afternoon, and selected Kansas standout Andrew Wiggins with the No. 1 pick in the 2014 NBA Draft last month.

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