Philadelphia Phillies third baseman Alec Bohm has filed a lawsuit against his parents, alleging they moved millions of dollars from his personal financial accounts into limited liability companies (LLCs) they controlled and used a portion of the funds for their own personal expenses.
The suit was filed Wednesday in the Philadelphia Court of Common Pleas, with Bohm alleging his parents, Daniel and Lisa Bohm, used several LLCs to funnel money from his personal accounts, which they then converted to their own use.
The dispute traces back to 2019, the year after Bohm was selected third overall in the Major League Baseball (MLB) draft and received a signing bonus of $5.85 million. His parents allegedly established two LLCs to hold his earnings, telling him they needed a 10% interest in the accounts to act as his authorized representatives while assuring him all assets remained his.
Two additional LLCs were later established in late 2024, when Bohm expressed interest in purchasing real estate. His parents allegedly advised him that he could not hold property title in his own name.
The situation reached a breaking point earlier this year. In January, Bohm asked his parents for full account information, including statements and login credentials. Rather than comply, they retained legal counsel and provided only minimal information. They subsequently indicated they intended to bill Bohm at $50 per hour for time spent administering his affairs.
The lawsuit also alleges that funds from the Alec Bohm Foundation were used to cover the parents’ personal expenses.
Bohm is asking the court to award him at least $3 million in damages, return full control of all four accounts to him, and compel his parents to engage a certified public accountant to conduct a complete audit of all transfers made from his personal accounts.
Daniel and Lisa Bohm denied any wrongdoing. Through their attorney Robert Eckard, they said they love their son and have always acted in his best interests, both personally and professionally. Eckard added that Bohm had full access to the accounts at all times and that his parents had been covering his expenses on their personal credit cards.
Following the Phillies’ season opener on Thursday, Bohm declined to address the matter with reporters. During the game itself, he hit a three-run home run in the fifth inning as Philadelphia defeated the Texas Rangers 5 to 3.
Bohm, 29, is due $10.2 million under his current Phillies contract for the 2026 season and has earned approximately $19.6 million across his career to date. He is a pending free agent and could command a significant deal if he performs well this season.
