Awardees are selected to recognize the significant role the individual has had for the Suns organization (not specifically their prominence in the NBA).
[1][2] However, beginning in the 2023–24 season, under new owner Mat Ishbia, the Suns resumed retiring jersey numbers on the Ring of Honor starting with No.
Tom Chambers was honored that day, joined by Connie Hawkins, Dick Van Arsdale, Alvan Adams, Paul Westphal and Walter Davis, who were moved from the Banners for Retired Numbers section at then-named America West Arena into the new ring.
[5] Since Johnson's number retirement, former athletic trainer Joe Proski, Dan Majerle, Charles Barkley, former coach Cotton Fitzsimmons, former team owner and general manager Jerry Colangelo, Steve Nash, and broadcaster Al McCoy were also honored by the Suns, though the numbers for Barkley, Majerle, and Nash were only honored and not officially considered retired numbers at the time.
However, with the Phoenix Suns Ring of Honor being "reimagined" and unveiled with permanent banners and murals once again on October 28, 2023, the numbers worn by Barkley, Chambers, Majerle, and Nash are considered properly retired.