The 1972–73 Phoenix Suns season was the fifth for the Phoenix Suns of the National Basketball Association. The season began under head coach Butch Van Breda Kolff for the first seven games, before Jerry Colangelo finished coaching duties for the team. All home games were played at Arizona Veterans Memorial Coliseum.

Charlie Scott had played in six games for the Suns one season ago, after a late-season switch to the NBA from the ABA, and his first full season with the Suns was arguably his best. Scott was named to his first NBA All-Star Team, joining teammate Connie Hawkins, who was selected to his fourth and final All-Star Game of his NBA career. In addition to Scott leading the Suns with his 6.1 assist per game average, his 2,048-season-point total was fifth in the league (and the only 2,000+-point season of his career). His average of 25.3 points per contest was sixth-best in the NBA. Center Neal Walk averaged career-bests in both points and rebounds, averaging 20.2 and 12.5 on the season. Walk's rebounding average was just shy of Paul Silas's franchise record of 12.5. Dick Van Arsdale averaged 18.4 points on the season, while Connie Hawkins contributed 16.1 per contest.

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