Owners of a whopping seven picks, including two in the top 10 overall, the Sixers stand to dramatically improve their 19-63 record of a season ago.
There's no doubt the Sixers will be very active on draft night, which begins at 7:30 p.m. ET on Thursday, June 26.
Keep it locked here on NBA draft night for timely updates and analysis of every Sixers selection.
Trade - 11:55pm (ET)
Philadelphia 76ers Receive: Jordan McRae, Pick No. 60 (conveyed to Brooklyn Nets)
San Antonio Spurs Receive: Nemanja Dangubic
The Sixers finally found themselves a shooter, as perimeter marksmanship is McRae's best asset on the court. He'll be hard-pressed to earn much playing time unless he consistently puts the ball through the hoop, though.
That said, if McRae can make good on his defensive potential, this could emerge as a nice steal.
No. 52 pick - Second Round - 11:52pm (ET)
Sixers select Vasilije Mijic, PG, Serbia (6'6", 202 pounds)
Mijic has good size for a point guard and is considered to be one of the better passers in the draft.
Don't expect Mijic to make the jump to the NBA this season, however, as the Sixers may not have the minutes for him anyways.
With so many incoming rookies, Philadelphia is smart to stash this pick for a few years.
Trade - 11:35pm (ET)
Philadelphia 76ers Receive: Rights to Pierre Jackson
New Orleans Pelicans: Pick No. 47 (Russ Smith)
Perhaps the Sixers felt that five second-round picks was too many, as they trade No. 47 to the Pelicans for Jackson.
Originally drafted by Philadelphia last season, Jackson was flipped to the Pelicans in a trade with Jrue Holiday. Jackson was a standout in the D-League last year, scoring a record 58 points in a single game.
Now back with the Sixers, Jackson should be able to prove himself in the league as a backup to Michael Carter-Williams.
No. 32 pick - Second Round - 11:22pm (ET)
Sixers select Jerami Grant, SF, Syracuse (6'8", 214 pounds)
The Sixers continue with their plethora of picks by selecting Grant, another good athlete who should compete for minutes right away.
During his sophomore season at Syracuse, Grant put up 12.1 points and 6.8 rebounds while playing in 40 games.
Philadelphia is thin on the wing after missing on both Andrew Wiggins and Jabari Parker earlier in the draft, so Grant should help as a pick-and-roll man off the bench.
Still raw, Grant doesn't project as a future star but could be a solid role player in the league.
No. 32 pick - Second Round - 11:00pm (ET)
Sixers select K.J. McDaniels, G/F, Clemson (6'6", 196 pounds)
Philadelphia gets their first healthy, NBA-eligible player with McDaniels.
A dynamic athlete, McDaniels should be able to guard NBA swingmen right away. Despite playing on the wing, McDaniels led the ACC in blocks per game (2.8) and defensive win shares (3.1) during his junior season.
His 6'11.25" wingspan and 37 inch vertical will help him earn minutes right away in the Sixers' rotation, either as a starter or reserve. Philadelphia needed help on the wing, and made a solid move by picking McDaniels.
Trade - 8:50pm (ET)
Philadelphia 76ers Receive: Dario Saric
Orlando Magic Receive: Elfrid Payton
This is an interesting move by the Sixers, as Saric cannot join team for two seasons after recently signing a deal in Turkey.
Even though they won't get his services this year, the trade does make sense for Philadelphia. The Sixers have seven draft picks and certainly won't want to bring in that many rookies. Making this trade allows them to stash Saric, a 6'10" point-forward, and allow him to develop overseas. He averaged 19.3 points, 9.3 rebounds and 3.8 assists per game for Cibona in the Adriatic League this year, via ESPN's Chad Ford.
As Ken Berger of CBS Sports reports, the Sixers will also get a 2017 first-round pick and future second-rounder from Orlando.
Payton was a questionable pick to begin with, as the Sixers already had a bright, young point guard in Michael Carter-Williams.
This deal makes sense for both teams, but will require some patience from Philadelphia.
No. 10 pick - First Round - 8:41pm (ET)
Sixers select Elfrid Payton, PG, Louisiana-Lafayette (6'3", 180 pounds)
Philadelphia made the surprising selection of Payton after taking Rookie of the Year Michael Carter-Williams in last year's lottery.
Adrian Wojnarowski of Yahoo Sports says that despite the selection, that Payton could be traded.
Elfrid Payton could be on the move, sources tell Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) June 27, 2014
If the Sixers do keep the pick, they'll get a good scorer and defender in Elfrid. He averaged 19.2 points, 5.9 assists and 2.3 steals, leading the Sun Belt conference in games, assists and steals.
While he's a poor outside shooter, Elfrid's athleticism allows him to score in transition and get to the free-throw line.
We'll see how he fits in with Carter-Williams, who brings a similar skill set to the table.
That's assuming both stay in Philly.
No. 3 pick - First Round - 7:54pm (ET)
Sixers select Joel Embiid, C, Kansas (7'0", 250 pounds)
Stats: 11.2 points, 8.1 rebounds, 2.6 blocks, 28.2 PER, 23.1 minutes per game
Philadelphia got perhaps the best talent in the draft with Embiid, the two-way freshman center who only started playing basketball four years ago.
If it wasn't for a recent foot injury, Embiid could have been the first overall pick. He's been compared to a young Hakeem Olajuwon with his body, post moves and rim-protecting ability.
Despite his inexperience, Embiid dominated the Big 12 as a freshman. He led the conference in player efficiency (28.2), total rebound percentage (20.5 percent) and defensive rating (90.9).
If healthy, Embiid should be an All-Star center in the league as he continues to learn the game.
All stats provided by Sports-Reference.com unless otherwise noted.