We present measurements of the rate constants (kd) of the C−ON bond cleavage in new alkoxyamine models containing the N-(2-methyl-2-propyl)-N-(1-diethylphosphono-2,2-dimethylpropyl)-N-oxyl (SG1) moiety. The homolysis rate constants of 2,2,6,6-tetramethylpiperidinyl-1-oxyl (TEMPO)- and SG1-based alkoxyamines are analyzed in terms of polar inductive/field (σU), steric (υ), and radical stabilization (σRS) contributions of the leaving alkyl radicals, using a multiparameter equation, i.e., log(kd/kd,0) = ρUσU + δυ + ρRSσRS. The rate constants increase with increasing electron withdrawing, steric, and stabilization demands of the leaving alkyl radicals. Good correlations are found for TEMPO (log(kd/kd,0) = 13.6σU + 6.6υ + 13.9σRS) and SG1 (log(kd/kd,0) = 19.5σU + 7.0υ + 15.3σRS) derivatives, highlighting the polar sensitivity of the leaving alkyl radical to the nitroxyl moiety. Such correlations should facilitate the design of new alkoxyamines as initiators/regulators and help to improve the tuning of NMP experiments.