| | C | Waived (The Phoenix Suns waived F-C Frank Kaminsky.) |
| | PF | Waived (The Phoenix Suns waived F E.J. Liddell.) |
| | PF | Waived (The Phoenix Suns waived F Nassir Little.) |
| | PG | Signed/Offer Sheet (The Phoenix Suns signed G TyTy Washington Jr. to a two-way contract.) |
| | SG | Re-Signed (The Phoenix Suns re-signed G Josh Okogie.) |
| | SF | Signed/Offer Sheet (The Phoenix Suns signed F Jalen Bridges to a two-way contract.) |
| | PG | Signed/Offer Sheet (The Phoenix Suns signed G Monte Morris.) |
| | PG | Signed/Offer Sheet (The Phoenix Suns signed G Collin Gillespie to a two-way contract.) |
| | PF | Re-Signed (The Phoenix Suns re-signed C-F Bol Bol.) |
| | PF | Declared Free Agency (C-F Bol Bol elected free agency.) |
| | C | Signed/Offer Sheet (The Phoenix Suns signed F-C Mason Plumlee.) |
| | PG | Declared Free Agency (G Isaiah Thomas elected free agency.) |
| | PG | Declared Free Agency (G Saben Lee elected free agency.) |
| | SF | Declared Free Agency (F Ish Wainright elected free agency.) |
| | PF | Declared Free Agency (F Thaddeus Young elected free agency.) |
| | SG | Declared Free Agency (G-F Damion Lee elected free agency.) |
| | SG | Declared Free Agency (G Josh Okogie elected free agency.) |
| | C | Declared Free Agency (C-F Udoka Azubuike declared free agency.) |
| | SG | Declared Free Agency (G Eric Gordon elected free agency.) |
| | SF | Signed/Offer Sheet (The Phoenix Suns signed F Jalen Bridges to a two-way contract.) |
| | C | Declared Free Agency (F-C Drew Eubanks declared free agency.) |
| | SG | Contract Extended (The Phoenix Suns signed G Grayson Allen to a contract extension.) |
| | PG | Signed/Offer Sheet (The Phoenix Suns signed G Isaiah Thomas to a rest of the season contract.) |