Timberlake is already scheduled to perform after receiving the Michael Jackson Vanguard Award at Brooklyn's Barclays Center, where his former bandmates are expected to join the "Suit & Tie" heartthrob for a surprise performance onstage, according to the New York Post.

VIDEO: Justin Timberlake talks 'Nsync reunio

Us Weekly also reports MTV producers are "trying to make it happen," insisting the reunion is "coming together."

If the '90s hitmakers do take the stage together, it will be one of the pop group's first performances since announcing their hiatus in 2002 after the band's Celebrity tour.

They last performed together in 2004, singing the "The Star Spangled Banner" at the Annual Challenge for Children, while their last televised performance together was a Bee Gees medley at the 2003 Grammy Awards.

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The "Take Back the Night" singer is nominated for six awards this year and is currently tied with Macklemoreand Ryan Lewis for the most nods of any artists.

Additional performers scheduled for this year's VMAs include Kanye West, Miley Cyrus and Lady Gaga, who is scheduled to open the show with her new single "Applause."

The MTV Video Music Awards will air live from Brooklyn's Barclays Center Sunday at 9 p.m.

Are you excited for a possible 'N Sync reunion? Tell us in the comments! 

OMG. this is too good to be true! I am only watching the VMA's for this. (haven't watched in 4 years, but this is a MUST SEE!)