Mixed‐substituent fluoroalkoxyphosphazene polymers bearing ∼15% 1H,1H,2H,2H‐perfluorooctan‐1‐oxy or 1H,1H,2H,2H‐perfluorodecan‐1‐oxy side groups together with trifluoroethoxy cosubstituent groups were synthesized. The low reactivity of the long‐chain fluoroalkoxides and their limited solubility in organic solvents prevented higher levels of substitution. Moreover, the sodium alkoxides with two methylene residues adjacent to the oxygen proved to be unstable in solution due to elimination of NaF and precipitation of side products, and this limited the time available for chlorine replacement reactions. The resulting cosubstituent polymers were characterized by proton nuclear magnetic resonance (1H‐NMR), 31P‐NMR, 19F‐NMR, gel‐permeation chromatography, and differential scanning calorimetry. Unlike homo‐ or mixed‐substituent fluoroalkoxyphosphazene polymers, such as [NP(OCH2CF3)2]n (a microcrystalline thermoplastic, Tg ∼ −63°C, Tm ∼ 242°C) or [NP(OCH2CF3)(OCH2(CF2)xCF2H)]n (PN‐F, a rubbery elastomer, Tg ∼ −60°C, but no detectable Tm), the new polymers are gums (Tg ∼ −50°C, but no detectable Tm) with molecular weights in the 105 g/mol rather than the 106 g/mol range. POLYM. ENG. SCI., 54:1827–1832, 2014. © 2013 Society of Plastics Engineers