The school honored the point guard and NBA All-Star Game MVP during halftime of the Maryland-Wake Forest game Saturday.
During a pregame news conference, the Winston-Salem native repeatedly referred to the city and campus as "home" and said he keeps a 336 phone number -- this city's area code. He says the honor is more special to him "because it's home."
His banner was unfurled next to his college coach's -- the late Skip Prosser. They led the Demon Deacons to their first No. 1 ranking in 2004-05. Paul left school after two seasons and was the NBA's rookie of the year in 2006 with New Orleans.
Paul sat in a a courtside seat near the baseline and missed Maryland beat Wake 67-57. He had a brief chat with Maryland's Dez Wells just before the second half started.
"He told me to slow down," Wells said. "I said, 'What, transition or half-court -- what do you mean?' And he said, 'No, slow down ... don't bust the scoreboard on us.' "
Wells finished with 23 points.