Sixers president Ed Stefanski announced the signing of The Associated Press Player of the Year on Wednesday.
Turner averaged 20.3 points, 9.2 rebounds and 5.9 assists while leading Ohio State into the round of 16 in the NCAA tournament. The 21-year-old Turner, 6-foot-7, 210 pounds, left the Buckeyes after his junior year and is considered one of the most NBA-ready players in the draft.
He's expected to start at shooting guard for the Sixers.
Turner will be paid at least $3,835,600 in the first year of his deal, $4,123,200 in the second, and $4,410,900 if the Sixers pick up his third-year option.