PHILADELPHIA (AP) — Philadelphia Phillies third baseman Alec Bohm has sued his parents for millions of dollars, accusing them of siphoning large amounts of his money into financial accounts they managed for him and then using some of the money to pay their own expenses.
Bohm’s lawsuit, filed Wednesday in a Philadelphia court, comes after he began investigating his personal and financial affairs in recent months and said his parents refused to give him access to the accounts or provide him with the information he sought about them.
They tried to “freeze” him from four accounts — set up as limited liability companies — and he now believes they converted “a significant amount” of his money from those accounts “for his own use,” according to the lawsuit.
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By the time he sought the information, his parents had already transferred millions of dollars from his personal accounts to accounts they controlled, the lawsuit said.
Bohm’s parents, Daniel and Lisa Bohm, denied wrongdoing and said through their attorney that they are “deeply saddened by the allegations” and will aggressively defend themselves. Alec Bohm has had full access to the accounts and his parents pay his expenses with their personal credit cards, their attorney, Robert Eckard, said in a statement.
“Mr. and Mrs. Bohm love their son dearly and have always acted in his best interests, both personally and professionally, and continue to do so to this day,” Eckard said.
After Thursday 2026 opening game of the seasonBohm declined to comment to reporters, saying, “I’m not going to discuss personal matters right now.”
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Both sides say the first of the accounts was opened in 2019. His parents told him that they had assigned themselves a 10% interest solely for administrative purposes, and that Bohm was the “true” owner of all of the LLC’s assets, according to Bohm’s lawsuit.
The accounts had different purposes, such as investing in securities or purchasing real estate. Bohm’s lawsuit also stated that they used money from the Alec Bohm Foundation to pay their costs.
Bohm’s lawsuit asks his parents to pay at least $3 million in damages, turn over control of the accounts and hire an accountant to track every dollar they transfer from Bohm’s personal accounts to the accounts they manage.
Bohm, 29, has a $10.2 million contract with the Phillies through the 2026 baseball season. According to the lawsuit, his parents live in a recreational vehicle and travel around the country.
