Alec Bohm’s 2026 campaign has started slowly, with the Philadelphia Phillies third baseman collecting only nine hits in his first 58 at-bats, and just two of them going for extra bases as he works through an early-season slump.
Off the field, Bohm is dealing with even bigger challenges namely, a legal dispute involving his parents.
Last month, he filed a lawsuit seeking $3 million, accusing them of mishandling his finances by using multiple LLCs to move money out of his personal accounts “for their own use.”
According to Bohm, this issue dates back to 2019 when his parents created two LLCs to manage the earnings from his professional baseball career. After being selected third overall by the Phillies in the 2018 MLB Draft, Bohm received a $5.85 million signing bonus and made his MLB debut in 2020.
The lawsuit alleges Bohm’s parents insisted they needed a 10% stake in the LLCs to serve as his “representatives,” while telling him he would retain ownership of the assets. However, they allegedly gained full access to his financial accounts and moved large sums into the LLCs they controlled. His parents deny the allegations and argue the lawsuit has no merit.
An update from The Athletic on Monday night revealed that Bohm’s legal team recently requested a preliminary injunction to recover more than $528,000 his parents allegedly withdrew from one of his accounts last month. The filing claims the money was meant to cover legal fees and includes additional accusations of financial misconduct.
The report also notes that Bohm has parted ways with prominent agent Scott Boras.
In a sworn affidavit, Bohm asserted that his parents pressured him into hiring Boras in 2020 “under considerable duress,” claiming the move was intended to benefit them rather than him largely because they disagreed with a financial advisor recommended by other representatives at Wasserman.
Bohm is currently in the final year of a contract worth $10.2 million and will be eligible for a new deal possibly with another club after the season. Now in his seventh year in the majors, all with Philadelphia, he earned his first All-Star selection last year and has played a significant role in the team’s recent postseason success.
Leave a Reply