Treatment of an orange solution of [Rh(COD)(DPPB)] + BF 4 -(2) in MeOH with 2 equiv of NaBPh 4 at room temperature (RT) afforded an orange precipitate, [Rh(COD)(DPPB)] + BPh 4 -(3), in 94% yield. Reaction of the cationic rhodium complex 3 with H 2 under ambient conditions in CH 2 Cl 2 for 1 h gave the zwitterionic complex (η 6 -PhBPh 3 ) -Rh + (DPPB) (4) in quantitative yield. Although 3 is stable in the solid state, it has the propensity in solution to convert to the zwitterionic complexes (η 6 -PhBPh 3 ) -Rh + (COD) (1) and (η 6 -PhBPh 3 ) -Rh + -(DPPB) (4) along with a small amount of [Rh x (DPPB) 2x ] x+ [BPh 4 -] x . Addition of 1, 2, and 4 equiv of DPPB to the CD 2 Cl 2 solution of (η 6 -PhBPh 3 ) -Rh + (NBD) (6) under N 2 resulted in the formation of [Rh(NBD)(DPPB)] + BPh 4 -(7) and [Rh(DPPB) 2 ] + BPh 4 -(5) in ratios of 90/ 10, 57/43, and 0/100, respectively, while addition of 2 equiv of DPPB to the CD 2 Cl 2 solution of 6, under an atmosphere of H 2 at RT, gave 4 and 5 in an ratio of 35/65. "Slowed" η 6 -PhBPh 3 -rotation about the (η 6 -PhBPh 3 ) --Rh bond axis in (η 6 -PhBPh 3 ) -Rh + (DPPB) (4) was established by a variable-temperature 31 P{ 1 H} NMR study. Variable-temperature 31 P{ 1 H} NMR spectra of [Rh(DPPB) 2 ] + BPh 4 -(5) along with the low-temperature 31 P{ 1 H} COSY and EXSY NMR spectra demonstrated the presence of an equilibrium between [Rh(DPPB) 2 ] + (5R) and [Rh(DPPB)(µ-DPPB)] 2 2 + (5 ).