The reactions of [{M(µ-Cl)(η 4 -cod)} 2 ] (M ϭ Rh, 1a; M ϭ Ir, 1b; cod ϭ 1,5-cyclooctadiene) and [Rh(acac)(olefin) 2 ] (acac ϭ acetylacetonate; olefin ϭ ethene, 3a; olefin ϭ cis-cyclooctene ϭ coe, 3b) with t Bu 2 PH in dichloromethane at room temperature were investigated, and the compounds [MCl( t Bu 2 PH)(η 4 -cod)] (M ϭ Rh, 2a; M ϭ Ir, 2b) as well as [Rh(acac)( t Bu 2 PH) 2 ] (4) were obtained in good yields. Furthermore, a one-pot synthesis of trans-[IrCl(C 2 H 4 )( t Bu 2 PH) 2 ] (6b) starting from [{Ir(µ-Cl)(coe) 2 } 2 ] (5), ethene and t Bu 2 PH is described. All novel complexes were characterized using spectroscopic methods and the molecular structures of 2b, 6b, and trans-[RhCl(C 2 H 4 )( t Bu 2 PH) 2 ] (6a) determined using X-ray crystallography.