Their East team prevailed, 111-96.
"I think I did well," McAdoo said postgame. "Our guards did a good job of getting our big guys the ball. I did a good job of running in transition and I think that helped me. I got my feet underneath me. That first segment I was out there I was just trying to get a feel for the game.
"I could have knocked down a couple of jump shots, made a few more plays and gotten a few more rebounds, so I'll just take that and work harder."
"This is the second straight year a future Tar Heel has earned the MVP award. Harrison Barnes was named West MVP in last year's game.
"To come out here and play in front of 20,000 people is unreal," McAdoo said. "Only 24 of us guys got this opportunity and there are thousands of guys at home that didn't get this chance. It hasn't really hit me yet, but to get this MVP with Michael [Gilchrist] is an honor."
McAdoo was 8-for-13 from the field, with his highlight baskets including several perimeter jump shots (one was a three), an alley-oop finish and a steal which he took coast-to-coast for a dunk. He also added four rebounds and two steals.
Hairston lived up to his reputation as a long-range marksman, hitting 3-of-6 three-point attempts, to go with two rebounds, three assists and two steals.
"Last year around this time I was thinking that could be me out there and I just put in more work," Hairston reflected after the game. "I came out and had fun. I did what I had to do to help my team win and we came out with the 'W.'"
McAdoo will next play in the Hoop Summit on April 9 in Portland, Ore., and both future Tar Heels will play in the Jordan Brand Classic on April 16 in Charlotte, N.C.
They are scheduled to enroll at UNC on June 12.
1 of 6 photos