Phillies Star Alec Bohm Sues Parents Over Alleged Misuse of Funds

Bohm accuses parents of siphoning millions from his personal accounts into their own control

Mar. 27, 2026 at 11:38am

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Philadelphia Phillies third baseman Alec Bohm has filed a lawsuit against his parents, Daniel and Lisa Bohm, accusing them of siphoning large amounts of his money into financial accounts they managed and then using some of the cash to pay their own expenses. Bohm says his parents refused to give him access to the accounts or provide information about them, and he believes they "converted a sizeable amount" of his money for their own use.

Why it matters

This case highlights the potential risks professional athletes face when entrusting their finances to family members, and the importance of maintaining transparency and control over one's personal assets, especially at a young age when navigating the complexities of wealth management.

The details

According to the lawsuit, Bohm's parents established four limited liability company accounts that they used to invest his money, but they assigned themselves a 10% stake in the accounts "strictly for administration purposes." Bohm says his parents transferred millions of dollars from his personal accounts into the LLCs they controlled, and he is now seeking at least $3 million in damages, as well as full control and an accounting of the accounts.

  • The first of the accounts was opened in 2019.
  • Bohm filed the lawsuit on Wednesday, March 27, 2026.

The players

Alec Bohm

A 29-year-old third baseman for the Philadelphia Phillies who has a $10.2 million contract for the 2026 season.

Daniel and Lisa Bohm

Alec Bohm's parents, who he has accused of misusing his money and refusing to provide him access to financial accounts they controlled.

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What they’re saying

“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.”

— Robert Eckard, Lawyer for Daniel and Lisa Bohm

“I'm not going to address any personal matters right now.”

— Alec Bohm

What’s next

The judge in the case will decide on whether to allow Alec Bohm access to the financial accounts his parents controlled.

The takeaway

This case highlights the importance for professional athletes and other high-net-worth individuals to carefully manage their finances and maintain transparency, even when working with family members, to avoid potential misuse of funds and legal disputes down the line.