Alec Bohm of the Phillies is taking legal action against his parents for $3 million over claims of financial mismanagement.

Alec Bohm Sues Parents Over Alleged Financial Mismanagement

In what can only be described as a twist in family dynamics, Alec Bohm, the Philadelphia Phillies’ third baseman, is taking legal action against his own parents. The lawsuit alleges that they defrauded him of millions while handling the family’s finances, as reported by The Philadelphia Inquirer.

Filed in Philadelphia civil court, the suit claims that Bohm’s parents, Daniel and Lisa, created multiple limited liability companies to divert funds from Alec’s personal account for their own gains.

The lawsuit demands a minimum of $3 million and states that the issues began in 2019 when his parents established two LLCs intended to manage the wealth accrued from his baseball career.

In response, Bohm’s parents, through their attorney, firmly rejected the allegations. They expressed their love and support for their son, stating their actions were always intended to serve his best interests. Their lawyer described the claims as deeply saddening and baseless, presenting a narrative they feel is entirely unfounded.

Bohm, who was the third overall pick in the 2018 MLB Draft, has reportedly made $10.2 million by successfully avoiding arbitration. He states that his parents had informed him that acquiring a 10 percent stake in the LLC would be a prerequisite for him to be recognized as an authorized representative, with the promise that all funds in the LLC would one day be returned to him.

Moreover, records indicate that the money in those accounts was supposedly earmarked for Bohm’s investment efforts, primarily aimed at stock trading for passive income. However, Bohm now claims that his parents misused these funds for their personal expenses.

The lawsuit also points out that his parents established two additional LLCs after Bohm showed interest in real estate in late 2024, advising him against owning property in his name without clarifying the reasoning behind this advice.

He suspects that they may have inflated certain debts to misappropriate funds. Now, Bohm is asking the court not only for the return of any misused funds but also for full control over all involved LLCs.