Phillies Star Alec Bohm Files Lawsuit Against Parents Over Financial Allegations
Philadelphia Phillies third baseman Alec Bohm has initiated legal action against his parents, Daniel and Lisa Bohm, seeking millions in damages. The lawsuit, filed on Wednesday in a Philadelphia court, alleges that his parents improperly managed his financial accounts and used funds for their own expenses.
Details of the Allegations
Bohm, 29, claims that after reviewing his personal and financial affairs in recent months, he discovered his parents had restricted his access to four accounts established as limited liability companies (LLCs). According to the lawsuit, they transferred millions of dollars from his personal accounts into these LLCs without his full knowledge or consent.
The lawsuit states that Bohm believes his parents "converted a sizeable amount" of his money to their own use, including paying for personal expenses. It further alleges that funds from The Alec Bohm Foundation were also used improperly.
Parents' Response and Denial
Daniel and Lisa Bohm have denied any wrongdoing through their lawyer, Robert Eckard. In a statement, Eckard expressed that the parents are "deeply saddened by the allegations" and plan to defend themselves aggressively. He asserted that Bohm has had full access to the accounts and that his parents are covering his expenses on their personal credit cards.
Eckard emphasized, "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."
Background and Financial Context
The first of the accounts in question was opened in 2019. Bohm's parents reportedly told him they assigned themselves a 10% stake for administrative purposes, with Bohm as the true owner of all assets. The accounts were intended for investments in securities and real estate.
Bohm, who has a $10.2 million contract with the Phillies for the 2026 season and career earnings of $19.6 million, is seeking at least $3 million in damages. The lawsuit also demands that his parents relinquish control of the accounts and hire an accountant to trace all transferred funds.
Notably, the lawsuit mentions that Bohm's parents live in a recreational vehicle and travel extensively, adding a personal dimension to the financial dispute.
On-Field Performance and Personal Stance
Amid the legal turmoil, Bohm demonstrated his athletic prowess by hitting a three-run home run in the Phillies' season opener on Thursday, contributing to a 5-3 victory. However, after the game, he declined to comment on the lawsuit, stating, "I'm not going to address any personal matters right now."
This case underscores the complexities of managing finances for professional athletes and the potential for family conflicts in high-stakes environments.
