Philadelphia Phillies third baseman Alec Bohm has filed a lawsuit against his parents, Daniel and Lisa Bohm, seeking at least $3 million in damages over allegations they mismanaged his finances through a network of limited liability companies. The suit was filed on a Wednesday in the Philadelphia Court of Common Pleas, casting a shadow over what should have been a celebratory start to the 2026 season, according to ESPN.
Bohm, 29, is one of the most prominent players on the Phillies roster. He was selected third overall in the 2018 MLB Draft out of Wichita State University and received a signing bonus of $5.85 million, as CBS Sports reported. He made his major league debut in 2020 and currently holds a $10.2 million contract with Philadelphia for the 2026 season. Over the course of his career, Bohm has earned a total of approximately $19.6 million, according to Spotrac data cited by Yahoo Sports.
At the heart of the complaint are four accounts established as limited liability companies that Bohm’s parents allegedly used to manage his money. The first of those LLC accounts was opened in 2019, a timeline both parties agree on. According to the lawsuit, Daniel and Lisa Bohm told their son they had assigned themselves a 10% stake in the LLCs strictly for administrative purposes, while Bohm remained the true owner of all assets held within them.
The legal dispute deepened in late 2024 when two additional LLCs were reportedly created after Bohm expressed interest in purchasing real estate. The complaint, as detailed by The Philadelphia Inquirer, alleges that the situation came to a head in January when Bohm asked his parents for account statements and electronic login information. Rather than comply, his parents responded by engaging legal counsel.
The lawsuit goes further, alleging that Daniel and Lisa Bohm used funds from The Alec Bohm Foundation to pay their personal expenses. It also claims they later indicated they would bill their son $50 per hour for the time they spent administering his financial affairs. According to multiple reports, the elder Bohms live in a recreational vehicle and travel the country, as NBC News noted.
Robert Eckard, the attorney representing Daniel and Lisa Bohm, pushed back against the allegations. He stated that Bohm had full access to the accounts at all times and that his parents have been paying his expenses on their personal credit cards. “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.
The timing of the lawsuit placed it squarely in the spotlight of Opening Day. On Thursday, just one day after the filing became public, the Phillies took the field against the Texas Rangers to open their 2026 campaign. Bohm delivered on the diamond, launching a three-run home run in the fifth inning that gave Philadelphia a commanding 5-0 lead. The Phillies went on to win 5-3.
However, Bohm made clear he had no intention of discussing the legal matter publicly. After the game, he declined to comment when approached by reporters, telling them he would not address any personal matters. The brief response underscored the tension between his professional obligations and the deeply personal nature of the dispute now playing out in court.
Stories of professional athletes entrusting family members with financial management — only to later allege mishandling — are not uncommon in major professional sports. The dynamic often involves young players who sign life-changing contracts before they have the experience or infrastructure to manage significant wealth independently. Bohm was just 21 when he was drafted and began earning millions, as CBS Philadelphia reported.
The case now moves through the Philadelphia Court of Common Pleas, where both sides will have the opportunity to present evidence. For Bohm, the stakes extend well beyond the $3 million figure cited in the complaint. The lawsuit represents a public rupture in a family relationship that, until recently, appeared to be built on trust. For his parents, the allegations threaten both their reputations and their financial standing.
Neither the Phillies organization nor Major League Baseball has issued a public statement regarding the lawsuit. As the season gets underway, Bohm will attempt to keep the focus on his performance between the lines — even as a Philadelphia courtroom prepares to examine the finances behind one of the city’s most recognizable athletes, as FOX 29 Philadelphia reported.
