Sports

MLB Star Alec Bohm Sues Parents for $3M, Claims They Misused His Money

The All-Star third baseman claims investments, foundation funds, and ‘passive income’ deals were redirected for personal use.

Phillies 3rd Baseman Alec Bohm Sues Parents for $3M Over Alleged Financial Mismanagement
Photo by Emilee Chinn/Getty Images

Alec Bohm is taking legal action against his own parents, alleging they mishandled and misappropriated millions of dollars while managing his finances, according to a lawsuit filed this week in the Philadelphia Court of Common Pleas.

In the filing, which was obtained by The New York Post, the Philadelphia Phillies third baseman claims his parents, Daniel and Lisa Bohm, created multiple limited liability companies beginning in 2019 to manage his baseball earnings. According to the filing, those entities were used to transfer money from his personal accounts, with funds allegedly “converted to their own use.”

Bohm is seeking at least $3 million in damages and asking the court to grant him full control over the financial structures associated with his name.

The dispute comes as Bohm remains a central figure in the Phillies’ lineup, earning $10.2 million after avoiding arbitration. Drafted No. 3 overall in 2018 out of Wichita State, the Nebraska native quickly rose through the organization and became the team’s everyday third baseman by 2020. He played a key role in the club’s 2022 World Series run and earned his first All-Star selection in 2024, solidifying his place as one of the franchise’s core players.

In the lawsuit, Bohm alleges his parents told him they needed a 10 percent stake in the LLCs to act as authorized representatives, assuring him the funds would ultimately remain his.

The money was reportedly intended for traditional investments, including stock trading, to generate passive income. However, the complaint states that funds were later redirected for personal expenses, including money tied to the Alec Bohm Foundation.

“Daniel and Lisa repeatedly advised Alec that, whenever they acted on his behalf, they did so as Alec’s parents — whose assistance always came free of charge,” the lawsuit states.

Through their attorney, Robert Eckard, Bohm’s parents denied the allegations. “Mr. and Mrs. Bohm love their son very much and have always acted in his best interests, both personally and professionally and still do so to this day,” Eckard said. “They are deeply saddened by the allegations made against them in this lawsuit and the sensational false narrative painted here, which they believe are entirely without merit.”

The complaint also points to more recent financial decisions, including the creation of additional LLCs tied to potential real estate purchases in 2024. Bohm alleges he was advised he could not hold property in his own name, a claim he now disputes as part of what he believes was a broader effort to misstate liabilities and divert funds.

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