The syntheses, properties, and characterization of several new complexes, Re(CNtBu) 3 (PCy 3 ) 2 H (1a), Re(CNtBu) 3 (PR 3 ) 2 Cl [R ) Cy, Ph (2a, 2b)], the 17-electron [Re(CNtBu) 3 (PCy 3 ) 2 Cl] + (3a), the dihydrogen complex, [Re(CNtBu) 3 (PR 3 ) 2 (H 2 )] + [R ) Cy, Ph (4a, 4b)], the coordinatively unsaturated [Re(CNtBu) 3 (PCy 3 ) 2 ] + (5a), and [Re(CNtBu) 4 (PCy 3 ) 2 ] + (6a) are reported. In addition, spectroscopic evidence for the dinitrogen complex [Re(CNtBu) 3 -(PCy 3 ) 2 (N 2 )] + and the dihydrogen complex [Re(CNtBu) 5 (H 2 )] + is presented. Thermodynamic parameters have been obtained for the equilibrium system, Re(CNtBu) 3 (PCy 3 ) 2 Cl (2a) + H 2 h [Re(CNtBu) 3 (PCy 3 ) 2 (H 2 )]Cl (4a). 1 H and 31 P{ 1 H} NMR studies (CD 2 Cl 2 ) over the temperature range 286-316 K afford values of ∆H°) -18.0 ( 0.7 kcal/ mol, ∆S°) -44 ( 2 eu, and ∆G°2 98 ) -4.8 ( 1.3 kcal/mol for this equilibrium. The complexes 4a and 4b are characterized as dihydrogen complexes. Their J HD (R ) Cy, 30.3 Hz; R ) Ph, 30.9 Hz) and T 1(min) values of 8 ms (300 MHz) are consistent with H-H distances of ca. 0.80 Å. [Re(CNtBu) 5 (HD)] + is also characterized as a dihydrogen complex based on a J HD of 33.4Hz. This complex could not be isolated at room temperature, even with noncoordinating counteranions, due to the lability of the H 2 ligand. [Re(PMe 3 ) 5 HD] + shows no H-D coupling and is characterized as a dihydride complex. The unsaturated complex [Re(CNtBu) 3 (PCy 3 ) 2 ] + (5a) is found to undergo a dynamic isonitrile rearrangement on the NMR time scale. 1 H NMR spin saturation transfer studies over a temperature range of 254-297 K afford the activation parameters ∆H q ) 11.4 ( 0.8 kcal/mol, ∆S q ) -17.6 ( 1.6 eu, and ∆G q 298 ) 16.6 ( 1.2 kcal/mol. The molecular structures of 2a and 3a have been determined by X-ray crystallography. 2a shows an unusually long Re-Cl bond distance of 2.596(2) Å.