Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1987-05-04 | Suns | Al Bianchi | fired as assistant coach | |
| 1987-05-13 | Suns | Herb Brown | hired as assistant coach | |
| 1987-05-13 | Suns | Lowell Fitzsimmons / Cotton Fitzsimmons | hired as director of player personnel | |
| 1987-06-11 | Suns | Bill Martin | signed free agent | |
| 1987-06-11 | Suns | Joe Ward | signed free agent | |
| 1987-06-11 | Suns | Victor Fleming | signed free agent | |
| 1987-06-19 | Suns | 1988 first round pick (#22-Randolph Keys) | William Bedford | trade with Pistons (date 06-21 per 1993-94 NBA Register) |
| 1987-06-19 | Suns | Eddie Johnson (Arnet) | Ed Pinkney, 1988 second round pick (#30-Fennis Dembo) | trade with Kings |
| 1987-06-21 | Suns | Eddie Johnson (a) | Ed Pinckney, 1988 second round pick (#30-Fennis Dembo) | trade with Kings |
| 1987-06-22 | Suns | Armon Gilliam / Armen Gilliam | first round draft pick (#2 overall) | |
| 1987-06-22 | Suns | Brent Counts | fifth round draft pick (#99 overall) | |
| 1987-06-22 | Suns | Bruce Dalrymple | second round draft pick (#46 overall) | |
| 1987-06-22 | Suns | Marcel Boyce | sixth round draft pick (#122 overall) | |
| 1987-06-22 | Suns | Roy Singleton | seventh round pick (#145 overall) | |
| 1987-06-22 | Suns | Steve Beck | fourth round draft pick (#76 overall) | |
| 1987-06-22 | Suns | Winston Crite | third round draft pick (#53 overall) | |
| 1987-06-30 | Suns | Al Bianchi | fired as assistant coach | |
| 1987-08-16 | Suns | Nick Vanos | died | |
| 1987-08-25 | Suns | Rafael Addison | suspended by team after signing with Italian basketball league | |
| 1987-10-01 | Suns | Greg Spurling | signed free agent | |
| 1987-10-02 | Suns | Jeff Cook | signed free agent to a 1-year contract | |
| 1987-10-03 | Suns | Bruce Dalrymple | signed second round pick to a 1-year contract | |
| 1987-10-03 | Suns | Ozell Jones | signed free agent | |
| 1987-10-08 | Suns | Armon Gilliam / Armen Gilliam | signed first round pick | |
| 1987-10-13 | Suns | Bruce Dalrymple | waived |
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