76ers Exercise Option On Evan Turner

October 25 2012 at 11:09am CST By Luke Adams

The 76ers have picked up their fourth-year option on Evan Turner, the team announced today in a press release. Turner had been the only Sixer with an outstanding team option for 2013/14.

As John Hollinger of ESPN.com points out (via Twitter), even though the move was a formality, Turner's fourth-year salary as a former second overall pick isn't insignificant. Turner will earn $5.29MM this season, then be in line for $6.68MM in 2013/14. He'll be eligible for a contract extension next summer, or restricted free agency in the 2014 offseason.

As next Wednesday's deadline approaches, be sure to check out Hoops Rumors' rookie contract option tracker to keep tabs on which teams have exercised '13/14 options so far.

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