'NSYNC: Lance Bass, Joey Fatone, Justin Timberlake, Chris Kirkpatrick, JC Chasez in 2000
08/20/2013 AT 11:15 AM EDT
'NSYNC fans, your wish may be granted.
Ten long years after the popular boy band said "Bye Bye Bye" to their adoring, often screaming admirers, all five members of the bubblegum pop group Rolling Stone
once called "the biggest band in the world" are reportedly set to take the stage at the MTV Video Music Awards in Brooklyn on Sunday, according to various news sources.
Lance Bass, J.C. Chasez, Joey Fatone and Chris Kirkpatrick are all scheduled to perform alongside the band's breakout mega-star – Justin Timberlake
– at the awards show in Brooklyn's Barclays Center.
Timberlake, 32, is scheduled to receive the Michael Jackson Video Vanguard Award during the evening. He also leads in overall nominations
, alongside Macklemore & Ryan Lewis: six.
According to the New York Post
, which first reported
the reunion, his former bandmates were all spotted in the VIP section of Timberlake's concert with Jay-Z at Sun Life Stadium in Miami Friday night, alongside Timberlake's wife, Jessica Biel
, and mom Lynn Harless.
Sunday's performance will mark the first time the bandmates have performed together on TV since the 2003 Grammy Awards, when they took part in a tribute to the Bee Gees, reports the Biography Channel
'NSYNC sat at the top of the pop world for much of the late '90s and early 2000s – at times alongside rival boy band Backstreet Boys – and throughout their career they sold tens of millions of records to their ardent fans.
They went on hiatus after their 2002 Celebrity
tour, but never ruled out the possibility of getting back together.
"I think when the stars are aligned, the time is right, and all five of us have our heads on straight and know the direction we're going as a band, it'll eventually happen," Kirkpatrick told PEOPLE
in 2009. "If not, I know we'll be best friends forever."