Abstract. The problem of constructing the SL(N, C) invariant solutions to the YangBaxter equation is considered. The solutions (R-operators) for arbitrarily principal series representations of SL(N, C) are obtained in an explicit form. We construct the commutative family of the operators Q k (u) which can be identified with the Baxter operators for the noncompact SL(N, C) spin magnet.