Toluene solutions of the rhodium(II) dimer of dibenzotetramethylaza[14]annulene ([(TMTAA)Rh]2; (1)) manifest an increase in the line widths for the singlet methine and methyl 1H NMR resonances with increasing temperature that result from the rate of dissociation of the diamagnetic RhII鈥揜hII bonded dimer (1) dissociating into paramagnetic RhII monomers (TMTAA) Rh (2). Temperature dependence of the rates of RhII鈥揜hII dissociation give the activation parameters for bond homolysis 螖Happ = 24(1) kcal mol鈥? and 螖Sapp = 10 (1) cal K鈥? mol鈥? and an estimate for the RhII鈥揜hII bond dissociation enthalpy (BDE) of 22 kcal mol鈥?. Thermodynamic values for reaction of 1 with CO to form (TMTAA)Rh鈥揅(O)鈥揜h(TMTAA) (3) 螖H1掳 = 鈭?4 (1) kcal mol鈥?, 螖S1掳= 鈭?0(3) cal K鈥? mol鈥?) were used in deriving a (TMTAA)Rh鈥揅(O)鈥?BDE of 53 kcal mol鈥?.