Phillies 3B Alec Bohm reportedly sues his parents for $3 million, alleging they funneled away money while managing his finances
Philadelphia Phillies third baseman Alec Bohm is suing his parents, alleging they defrauded him of millions of dollars while managing his finances. Nick Vadala of the Philadelphia Inquirer.
The lawsuit was reportedly filed in Philadelphia Court of Common Pleas on Wednesday, one day before Bohm and the Phillies started the season with a 5-3 win over the Texas Rangers. Bohm went 1-for-3 with a homer and walk on Thursday.
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Phillies’ Alec Bohm claims lawsuit
In the lawsuit, Bohm reportedly alleged that his parents, Daniel and Lisa Bohm, used a series of limited liability companies (LLCs) to withdraw money from their personal accounts and then “converted them to their own use.” Bohm is reportedly seeking a judgment of at least $3 million and an accounting of those funds, among other relief.
The elder Bohms denied the allegations through his lawyers, via the Inquirer:
“Mr. and Mrs. Bohm love their son very much and have always acted in his best interests, both personally and professionally, and continue to do so to this day,” said the couple’s attorney, Robert Eckard. “They are deeply saddened by the allegations made against them in this case and the sensationally false narrative told here, which they believe to be completely false.”
Bohm joined the Phillies as the third pick of the 2018 MLB Draft and signed a bonus of $5.85 million. Per spotracHe has earned a total of $19.6 million in his career and should earn another $10.2 million in 2026.
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He alleged that in 2019, the year after Bohm was drafted, his parents formed two LLCs to hold his MLB winnings. They allegedly told them that they would need to take a 10% stake in the LLCs to act as their authorized representatives, but that all of the money would still belong to them. They then allegedly gained access to their personal accounts and limited the money in those accounts, diverting the money to the LLCs and using it to cover their own expenses.
The situation between Bohm and the parents came to a head in January over the lawsuit
The situation reportedly came to a head in January, when Bohm asked his family to give him information about his assets, including account statements and login information, the lawsuit says. His parents allegedly responded by becoming lawyers.
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They allegedly stated that they would bill Bohm $50 per hour for the management of their business. Per Nebraska Public MediaThey previously owned a title insurance business.
They are currently listed as directors of the Alex Bohm Foundation. websitewith his sons.
Bohm has had an up-and-down career with the Phillies since making his MLB debut in 2020. He is a pending free agent and could earn a lucrative deal after 2026 if he performs well this season. He remains one of the best third basemen on the market right now.
