Metal complexes of the 2,4-di-t-butyl-1,3-diphosphacyclobutadiene ligand have been synthesized by head-to-tail dimerization of t-BuCP: on transition metal sites. In this connection the geometries and energetics of the complete series of binuclear cobalt carbonyl complexes (Me 2 C 2 P 2) 2 Co 2 (CO) n (n = 5, 4, 3, 2, 1) of the simpler 2,4-dimethyl-1,3-diphosphacyclobutadiene ligand have been investigated by density functional theory. The lowest energy structures of these complexes have bridging 4 , 1-Me 2 C 2 P 2 ligands donating six electrons to the central Co 2 unit through a tetrahapto ring-metal linkage to one cobalt atom and a phosphorus lone pair to the other cobalt atom. For the tetracarbonyl (Me 2 C 2 P 2) 2 Co 2 (CO) 4 doubly CO-bridged structures with terminal 4-Me 2 C 2 P 2 ligands similar to known ( 5-C 5 H 5) 2 Fe 2 (µ-CO) 2 (CO) 2 and ( 4-Me 4 C 4) 2 Co 2 (µ-CO) 2 (CO) 2 structures lie only ~5 kcal/mol in energy above the 4 , 1-Me 2 C 2 P 2 bridged structures. For the unsaturated (Me 2 C 2 P 2) 2 Co 2 (CO) 3 and (Me 2 C 2 P 2) 2 Co 2 (CO) 2 systems, structures with one or two bridging 4 , 1-Me 2 C 2 P 2 ligands, respectively, are preferred energetically over isomeric structures with formal Co=Co double bonds and CoCo triple bonds, respectively. The lowest energy structure for the monocarbonyl (Me 2 C 2 P 2) 2 Co 2 (CO) is a triplet structure in which a (Me 2 C 2 P 2) 2 Co sandwich unit functions as a tridentate ligand to a CoCO unit through a phosphorus atom on each ring as well as the central cobalt atom.