James has been sidelined since stepping on teammate Cedi Osman's foot during the second day of training camp, turning his left ankle in the process.
Cleveland has three preseason outings remaining after Friday before the regular season gets underway on Oct. 17 against the Boston Celtics.
It remains to be seen how much action James will see before then, with head coach Tyronn Lue recently saying that the 32-year-old will take the floor at some point.
This will be James' 15th season in the Association. He's coming off a 2016-17 campaign in which he averaged 26.4 points, 8.6 rebounds, and 8.7 assists on 54.8 percent shooting.