N-heterocyclic carbene ligands IMes (
1), SIMes (
2), IPr (
3), SIPr (
4), and ICy (
5) react withNi(CO)
4 to give the saturated tricarbonyl complexes Ni(CO)
3(IMes) (
8), Ni(CO)
3(SIMes) (
9), Ni(CO)
3(IPr)(
10), Ni(CO)
3(SIPr) (
11), and Ni(CO)
3(ICy) (
12), respectively. The electronic properties of these complexeshave been compared to their phosphine analogues of general formula Ni(CO)
3(PR
3) by recording their
COstretching frequencies. While all of these NHCs are better donors than tertiary phosphines, the differencesin donor properties between ligands
1-
5 are surprisingly small. Novel, unsaturated Ni(CO)
2(IAd) (
13) andNi(CO)
2(I
tBu) (
14) compounds are obtained from the reaction of Ni(CO)
4 with IAd (
6) and I
tBu (
7). Complexes
13 and
14 are highly active toward substitution of the NHC as well as the carbonyl ligands. This has allowedthe determination of Ni-C(NHC) bond dissociation energies and the synthesis of various unsaturated Ni(0) and Ni(II) complexes. Computational studies on compounds
8-
14 are in line with the experimentalfindings and show that IAd (
6) and I
tBu (
7) are more bulky than IMes (
1), SIMes (
2), IPr (
3), SIPr (
4), andICy (
5). Furthermore, a method based on %
Vbur values has been developed for the direct comparison ofsteric requirements of NHCs and tertiary phosphines. Complexes
8-
14, as well as NiCl(C
3H
5)(I
tBu) (
16)and NiBr(C
3H
5)(I
tBu) (
17), have been characterized by X-ray crystallography.