The synthesis of a series of cationic rhodium(I) and iridium(I) compounds stabilized by sterically demanding phosphanes that contain a terphenyl substituent PMe2Ar′ (Ar′ = 2,6‐diarylphenyl) is described. Salt metathesis of metal precursors [MCl(COD)(PMe2Ar′)] (M = Rh, Ir; COD = cyclooctadiene) with NaBArF {BArF = B[3,5‐C6H3(CF3)2]4} resulted in a series of cationic complexes in which the loss of the chlorido ligand is compensated by the appearance of relatively weak π interactions with one of the flanking aryl rings of the terphenyl substituent. The same experiments carried out with carbonyl complexes [MCl(CO)2(PMe2Ar′)] led to the corresponding cationic carbonyl complexes, the CO‐induced rearrangement reactivity of which was investigated, both experimentally and computationally. The differences in reactivity between rhodium and iridium complexes and as a result of varying the sterics of terphenyl phosphanes are discussed.
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