PHILADELPHIA — A day after filing a lawsuit alleging his parents mismanaged his finances, Alec Bohm sent a 2-0 pitch into the right-field stands, swaths of fans cheering as three runners scored on a sun-kissed, 75-degree Opening Day.
Bohm spoke about the homer on Thursday after the Phillies’ season-opening 5-3 win over the Texas Rangers.
As for the lawsuit: “I’m not going to address any personal matters right now,” he said.
The lawsuit, filed in Philadelphia County on Wednesday, alleges Daniel and Lisa Bohm misappropriated Bohm’s funds while managing limited liability companies (LLCs) on his behalf and misrepresented their stake in these entities. Bohm is seeking $3 million in judgment, per the suit, along with information and documentation about the LLCs’ financial operation that he said he has not been privy to.
Daniel and Lisa’s lawyer, Robert Eckard, said in an email that his clients are “confident that the truth will come out through the facts and legal process.”
“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 wrote. “They are deeply saddened by the allegations made against them in this lawsuit and the sensational, false narrative painted there, which they believe is entirely without merit.”
Gary DeVito, a member of Bohm’s legal team, said they would not discuss specific allegations at this time.
“What we can confirm is that we are conducting a thorough examination of the financial activity in question and will take all appropriate legal steps to protect our client’s interests,” DeVito wrote in an email. “We ask that his privacy be respected while this matter proceeds.”
Boras Corporation, Bohm’s agency, did not respond to a request for comment.
The Philadelphia Inquirer first reported details of the suit.
Bohm had made a little more than $14 million in MLB career earnings, not including his signing bonus, prior to 2026. He’ll make $10.2 million this season after he and the Phillies settled on that number in his final year of arbitration.
Early in Bohm’s Phillies tenure, his parents were often around. They were a frequent presence during the season, especially on road trips, during Bohm’s first few years in the majors, team and league sources said.
But there were signs of a falling out between Bohm and his parents as early as last season, those sources told The Athletic, and they were less visible during the 2025 season.
It appeared to those observers that there was a rift, but it was unclear how deeply it ran.
Daniel and Lisa have been Bohm’s primary financial advisors since 2018, the lawsuit says, but they have not provided information or documentation about investments made on Bohm’s behalf, beyond conversations and “purported excerpts of statements” from two of the LLCs’ brokerage accounts, the suit alleges.
The situation appears to have escalated in January. Per the lawsuit, that is when Bohm requested his parents provide him with documentation, including statements and tax information, from his accounts. His parents did not provide it, and then engaged counsel, the filing alleges.
Alec Bohm declined to comment Thursday on the lawsuit, which was filed in Philadelphia County on Wednesday. (Emilee Chinn / Getty Images)
Daniel and Lisa came to oversee Bohm’s finances after the Phillies drafted him third overall in 2018 and gave him a $5.85 million signing bonus. The lawsuit says Daniel and Lisa told Bohm a third-party advisor would take advantage of him, while they would provide him quality service free of charge. Bohm agreed to let his parents, who work as realtors, manage his affairs.
Daniel and Lisa then created two LLCs (ADB18 and ADB18 II), the lawsuit says, to hold assets Bohm earned through his baseball career. The filing alleges Daniel and Lisa told Bohm they needed to hold a combined 10 percent interest in the two entities in order to administer his funds, but he would continue to be the sole owner of the assets, funds and anything else held in the accounts.
His parents then transferred money from Bohm’s financial accounts, the lawsuit says, to these LLCs. The filing alleges Bohm’s parents invested some of this transferred money, used a small portion for his expenses and used “sizeable amounts” of money for their own purposes.
“With each transfer,” the lawsuit reads, “Daniel and Lisa evidently grew bolder, leading Daniel and Lisa to arbitrarily fix a monetary threshold for any financial account held in Alec’s name that, once exceeded, resulted in Daniel’s and Lisa’s transfer of the excess to accounts held in the names of ADB18 and ADB18 II.”
Daniel and Lisa set up two additional LLCs in 2024, the suit says, when Bohm decided to buy property in Texas. His parents told him he could not take the title to the property in his own name, the suit alleges, but did not explain why. Instead, they counseled him to form the LLCs — one to hold the title and the other to own the entity that held title to the property. Just like with the first two LLCs, the lawsuit says, Lisa and Daniel told Bohm it was legally required for them to have membership interests. Bohm’s parents allegedly told him they wanted to capitalize one of the newly formed LLCs and use his funds to pay any expenses.
“As such, Daniel and Lisa periodically mentioned the cost of certain property-related liabilities to Alec, advising Alec that they satisfied those liabilities on his behalf,” the lawsuit reads.
The suit says that Bohm is still conducting an investigation into his parents’ actions, and that he allegedly found at least one instance in which his parents misrepresented what was due for property taxes.
Bohm also alleges his parents used funds from the Alec Bohm Foundation, his charitable organization, to pay their personal expenses.
Once Daniel and Lisa engaged counsel earlier this year, the suit alleges, their legal team asked for the value of their 10 percent interest in two of the LLCs and indicated they plan to submit an invoice to Bohm for the financial labor they’ve done for him at the rate of $50 an hour.
Bohm, who will be a free agent after this season, stepped up for the Phillies on Thursday. He did not hit a home run until May 6 last year. The first of 2026 came five innings into a season that will come with personal and professional challenges.
— Matt Gelb contributed to this report.
