Detroit, MI (Sports Network) - The Detroit Pistons have reportedly agreed to deals with guard Ben Gordon and forward Charlie Villanueva.

While any deal cannot be formalized until July 8, the Detroit Free Press reported Wednesday that Villanueva will sign a five-year contract worth $35 million and Gordon's contract is believed to be for five years and $55 million.

Both players were first-round selections out of UConn -- Gordon in 2004 (third overall) by the Bulls, and Villanueva in 2005 (seventh) by the Raptors.

Gordon has spent each of his first five NBA seasons with Chicago, and in 398 career games averaged 18.5 points, 3.0 rebounds and 3.0 assists. He has a .437 shooting percentage overall and .415 percentage from three-point range.

Gordon, 26, additionally has averaged 20.2 points in 29 career playoff contests.

Villanueva, meanwhile, spent his rookie season with Toronto before going to Milwaukee in a trade. In 274 career games over four seasons, the 24-year-old Villanueva has averaged 13.4 points and 6.3 rebounds.