With the fifth pick, the Suns selected the Ukrainian-born center Olexsiy "Alex" Len, who was a sophomore from the University of Maryland.
The Suns then traded the 30th pick, which became the Serbian-born guard Nemanja Nedović from the Lietuvos Rytas Vilnius, to the Golden State Warriors in exchange for shooting guard Malcolm Lee and pick 29 that was originally from the Oklahoma City Thunder, which was Archie Goodwin from the University of Kentucky.
Veteran player Jermaine O'Neal, as well as Wesley Johnson and rookie guard Diante Garrett were unrestricted free agents as of the end of the 2012–13 NBA season.
On January 5, 2014, the Suns decided to bring back former fan favorite player Leandro Barbosa to a 10-day contract.
However, his contract would not officially be signed until January 8 due to not only finding out whether Barbosa would be healthy enough to participate, but would also have to wait for FIBA to approve his move from Brazil to the NBA.
During the post-trade deadline period of free agent signings, the Suns decided to waive back-up center Viacheslav Kravtsov out of the team on March 1, 2014.
In exchange for Kravtsov's leave of absence on Phoenix, the Suns decided to sign former Boston Celtics and CBA's Foshan Dralions all-star power forward Shavlik Randolph on the same day.
On July 2, the Suns participated in a three-team trade that had the Suns send Jared Dudley to the Los Angeles Clippers and a 2014 second round pick they acquired from the Toronto Raptors last season to the Milwaukee Bucks in exchange for Eric Bledsoe and Caron Butler, both of whom last played for the L.A. Clippers.
On July 27, the Suns agreed to trade Luis Scola (who the team got from amnesty bids last season) to the Indiana Pacers in exchange for Gerald Green, Miles Plumlee, and a 2014 lottery protected first round draft pick.
[7] The Suns would later trade Butler to his hometown team (the Milwaukee Bucks) on August 29, 2013, in exchange for Ukrainian power forward/center Viacheslav Kravtsov and American point guard Ish Smith.
Finally, in the team's last trade before the regular season began, the Suns traded their center Marcin Gortat, alongside guards Shannon Brown, Malcolm Lee, and last year's lottery pick (Kendall Marshall) to the Washington Wizards in exchange for power forward Emeka Okafor and their 2014 Top 12 protected first round draft pick on October 25, 2013.
On May 9, 2013, the Suns announced that along with Hunter, assistant coaches Brian Shaw of the Indiana Pacers, Kelvin Sampson of the Houston Rockets, Mike Budenholzer of the San Antonio Spurs, and Quin Snyder from PBC CSKA Moscow were considered options to be the team's head coach for this season.
On that same day, Hornacek announced his four assistant coaches for the 2013–14 season: former Boston Celtics affiliates Jerry Sichting and Mike Longabardi, and former Suns teammates Kenny Gattison and Mark West.
On April 22, 2013, the Phoenix Suns fired general manager Lance Blanks due to his lackluster performance in his position over the last three years.
Other candidates that had garnered interest in the job included former Bulls and Lakers head coach Phil Jackson, as well as former Phoenix Suns players Grant Hill and Charles Barkley.
[14] Ronnie Lester, along with the Washington Wizards' director of player personnel Pat Connelly, would later be hired by McDonough to be talent evaluators for the Suns.
[18] Not only that, but some of the money that the Suns owed Beasley this season would be offset by the Miami Heat due to their re-signing of him for a second stint.
/ Nemanja Nedović Luis Scola Caron Butler ^ a: During this season, Barbosa played under the Esporte Clube Pinheiros in the Novo Basquete Brasil league.
Because Foshan was eliminated from playoff contention before Randolph was signed onto the team on March 1, 2014, he did not have to worry about any penalties that might have been received from China.
^ c: During the off-season, Haddadi played for the Iranian Foolad Mahan Isfahan basketball team during the 2013 FIBA Asia Champions Cup in September.
Even though Oriakhi is currently playing basketball for the Miami Heat's D-League affiliate, his NBA rights are still retained by the Phoenix Suns.
^ g: In the trade in which the Suns sent Kendall Marshall, Shannon Brown, and Malcolm Lee to the Washington Wizards, all three of those players were waived by the team immediately afterwards.
Marshall would end up playing for the Delaware 87ers in the D-League on December 3, 2013 before signing a multi-year contract with the Los Angeles Lakers on December 19, 2013, while Brown would end up signing two 10-day contracts to play for the eventual champion San Antonio Spurs (while also waiving shooting guard and former Phoenix Suns training camp candidate Othyus Jeffers from their team) on February 1, 2014, only to then get waived after finishing his second 10-day contract with San Antonio on February 21, 2014, and then signing with the New York Knicks alongside former Suns player Earl Clark on February 26, 2014, before officially staying with the Knicks for the rest of the year on March 20, 2014, after successfully completing his second 10-day contract on March 10, 2014; Malcolm Lee would miss the entire 2013–14 NBA season being making an agreement to play with the Philadelphia 76ers on September 24, 2014 before being cut after the pre-season ended on October 25, 2014, and then sign with the affiliated Delaware 87ers in the D-League on November 3, 2014, before returning with the 76ers on December 5, 2014 to play an official game for them before being waived six days later when the 76ers traded Brandon Davies to the Brooklyn Nets for Andrei Kirilenko, Jorge Gutiérrez, and a 2020 second round pick (he'd end up playing with the 87ers again two days later and remained there until January 30, 2015).