Baseball star ALEC BOHM files lawsuit against his parents for siphoning millions of his money

Friday, March 27, 2026 - Philadelphia Phillies third baseman, Alec Bohm, has filed a multi-million-dollar lawsuit against his parents, alleging they diverted substantial sums of his money into accounts under their control and used part of the funds to cover their personal expenses.

The suit, filed on Wednesday, March 24,  in a Philadelphia court, comes after he began to review his personal and financial affairs in recent months, and said that his parents refused to give him access to the accounts or provide him with the information he sought about them.

They sought to “freeze” him out of four accounts established as limited liability companies and he now believes they “converted a sizeable amount” of his money from those accounts “to their own use,” the lawsuit said.

By the time he sought the information, his parents had already transferred millions of dollars from his personal accounts to the accounts they controlled, the lawsuit said.

Bohm’s parents, Daniel and Lisa Bohm, denied doing anything wrong and, through their lawyer, said they are “deeply saddened by the allegations” and will aggressively defend themselves. Alec Bohm has had full access to the accounts, and his parents are paying his expenses on their personal credit cards, their lawyer, Robert Eckard, said in a statement.

“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.

After Thursday's 2026 season opening game, Bohm declined to comment to reporters, saying, "I'm not going to address any personal matters right now."

Both parties say the first of the accounts was opened in 2019. His parents told him that they assigned themselves a 10% stake, strictly for administration purposes, and that Bohm was the “true” owner of all of the LLC's assets, Bohm's lawsuit said.

The accounts had various purposes, such as investing in securities or buying real estate. Bohm's lawsuit also said they used money from the Alec Bohm Foundation to pay their expenses.

Bohm’s lawsuit asks his parents to pay at least $3 million in damages, hand over control of the accounts, and hire an accountant to track every dollar they transferred from Bohm's personal accounts to the accounts they controlled.

The lawsuit said his parents live in a recreational vehicle and travel the country.

Bohm, 29, has a $10.2 million contract with the Phillies for the 2026 baseball season.