Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1988-06-28 | Suns | Dan Majerle | first round draft pick (#14 overall) | |
| 1988-06-28 | Suns | Dean Garrett | second round draft pick (#38 overall) | |
| 1988-06-28 | Suns | Rodney Johns | third round draft pick (#55 overall) | |
| 1988-06-28 | Suns | Steve Kerr | second round draft pick (#50 overall) | |
| 1988-06-28 | Suns | Tim Perry | first round draft pick (#7 overall) | |
| 1988-06-30 | Suns | James Bailey | team declined to to re-sign free agent | |
| 1988-06-30 | Suns | Jeff Cook | team declined to re-sign free agent | |
| 1988-07-05 | Suns | Tom Chambers | signed unrestricted free agent (from Sonics) | |
| 1988-07-06 | Suns | Tyrone Corbin | re-signed to a 4-year contract | |
| 1988-07-06 | Suns | Walter Davis (P.) | lost unrestricted free agent (to Nuggets) | |
| 1988-07-15 | Suns | Jeff Hornacek | re-signed to a multi-year contract | |
| 1988-08-01 | Suns | Andrew Lang | signed second round pick to a multi-year contract | |
| 1988-08-03 | Suns | Dean Garrett | signed second round pick to a multi-year contract | |
| 1988-08-19 | Suns | Tim Perry | signed first round pick to a 5-year, reported $3.5M contract | |
| 1988-08-29 | Suns | Ron Moore | team elected not to re-sign free agent | |
| 1988-09-14 | Suns | Steve Kerr | signed second round pick to a 1-year contract | |
| 1988-09-20 | Suns | Leonard Robinson / Truck Robinson | hired as part-time assistant coach | |
| 1988-09-27 | Suns | Rodney Johns | signed third round pick | |
| 1988-12-14 | Suns | Ed Nealy, 1989 second round pick (#46-Ricky Blanton) | Craig Hodges | trade with Bulls |
| 1988-12-27 | Suns | Winston Crite | waived | |
| 1988-12-30 | Suns | Mark Davis (G.) | signed free agent to a 10-day contract | |
| 1988-12-30 | Suns | Mark Davis (G.) | signed free agent to a 10-day contract | |
| 1989-01-09 | Suns | Mark Davis (G.) | re-signed to a second 10-day contract | |
| 1989-01-09 | Suns | Mark Davis (G.) | re-signed to a second 10-day contract | |
| 1989-01-14 | Suns | Mark Davis (G.) | waived |
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