Reaction enthalpies of the complexes [RPNP]Rh(COE) ([RPNP] ) N(SiMe 2 CH 2 PPh 2 ) 2 , N(SiMe 2 -CH 2 P i Pr 2 ) 2 ; COE ) cyclooctene) with a series of phosphine ligands and CO have been measured by solution calorimetry. The measured enthalpies span a range of ca. 40 kcal/mol. These systems favor coordination of strong π-acceptor/weak σ-donor ligands as shown by the trend in ∆H rxn : CO . Ppyrl′ 3 > Ppyrl 3 > PPhpyrl 2 > PPh 2 pyrl > PPh 3 . This trend is exactly the opposite of that observed in another square planar rhodium(I) system, trans-RhCl(CO)(PZ 3 ) 2 . With the exception of CO, the ligands investigated are isosteric, and so the observed trends are electronic in nature. Single-crystal X-ray diffraction studies on several of theses complexes ([RPNP]RhL where R, L ) Ph, PPh 3 ; Ph, Ppyrl 3 ; Ph, CO; i Pr, PPh 3 ; i Pr, Ppyrl 3 ; i Pr, CO; i Pr, COE) have been performed. Although the structural trends are readily understood in terms of the electronic (donor/acceptor) nature of each ligand array, it is not obvious that the structural data predict the trends or, in particular, the trend reversal in ∆H rxn in the two Rh(I) systems. Rather, these results illustrate the importance of reorganization energies in thermodynamic analyses of metal-ligand bonding, especially in the presence of synergistic bonding involving σ-donor, π-donor, and π-acceptor ligands, interacting through shared metal orbitals (electron pushpull). In such cases the interpretation of a metal-ligand bond dissociation enthalpy (D) as an intrinsic, universal, and transferable property of that bond (e.g., a "bond strength") is an invalid proposition.