Two new approaches were developed to synthesize C60‐containing polyphosphazenes. Accordingly, two new reactive macromolecular intermediates (P4 and P8) were obtained from poly(dichlorophosphazene) by the direct nucleophilic substitution reaction. In one approach, a predesigned amimo end–functionalized polyphosphazene (P4) was prepared and then reacted with C60 molecules in chlorobenzene to yield C60‐containing polyphosphazene; in the other approach, a polyphosphazene containing 4‐methyl phenoxy groups as side chains was first prepared, and then part of the 4‐methyl groups were converted to azidomethyl groups (in P8), which reacted with C60 to yield C60‐containing polyphosphazene. The polymers were characterized by 1H NMR, 13C NMR, IR, and UV–visible spectra and by gel permeation chromatography. © 2004 Wiley Periodicals, Inc. J Polym Sci Part A: Polym Chem 42: 2877–2885, 2004