Age, Biography and Wiki
Barry Ackerley (Barry Allan Ackerley) was born on 15 April, 1934 in Des Moines, Iowa, U.S., is an American businessman. Discover Barry Ackerley's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 77 years old?
Popular As |
Barry Allan Ackerley |
Occupation |
Businessman and sports franchise owner |
Age |
77 years old |
Zodiac Sign |
Aries |
Born |
15 April, 1934 |
Birthday |
15 April |
Birthplace |
Des Moines, Iowa, U.S. |
Date of death |
2011 |
Died Place |
Rancho Mirage, California, U.S. |
Nationality |
United States
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We recommend you to check the complete list of Famous People born on 15 April.
He is a member of famous Businessman with the age 77 years old group.
Barry Ackerley Height, Weight & Measurements
At 77 years old, Barry Ackerley height not available right now. We will update Barry Ackerley's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
Family |
Parents |
Not Available |
Wife |
Not Available |
Sibling |
Not Available |
Children |
Not Available |
Barry Ackerley Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Barry Ackerley worth at the age of 77 years old? Barry Ackerley’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Barry Ackerley's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Businessman |
Barry Ackerley Social Network
Instagram |
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Twitter |
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Facebook |
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Wikipedia |
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Imdb |
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Timeline
Barry Allan Ackerley (April 15, 1934 – March 21, 2011) was an American businessman.
He was the former chairman and CEO of the Ackerley Group media company.
Born in Des Moines, Iowa, in 1934, Barry Ackerley began his career in the advertising industry selling space for the magazine Better Homes & Gardens.
In 1964, he approached a wealthy family in Wichita, Kansas, and asked for their financial assistance in acquiring billboards.
The family agreed and, as a minority shareholder in the venture, Ackerley purchased billboards in Fresno and Bakersfield, California.
Over the next four years, Ackerley purchased additional billboards in San Francisco, Oakland, and San Jose, California.
By 1968, the billboards in northern California had generated enough income to provide Ackerley with the start-up capital he had lacked in New York five years earlier.
He sold his interest in the venture back to his benefactors and, with a new partner, parlayed the proceeds toward the establishment of an outdoor advertising company, Golden West Outdoor Advertising.
Golden West, had billboards in Sacramento, California, and Colorado until 1974, when Ackerley purchased his partner's share in the company and then sold the company to Gannett Company.
The city, along with Denver, had been conditionally granted an expansion NHL franchise in 1974 to begin play in the 1976–77 season.
The NHL briefly flirted with relocating the Pittsburgh Penguins to Seattle (and the California Golden Seals to Denver) to address a troubled market and fill the expansion commitment, but ultimately kept the team there.
Eventually, the Seattle franchise award was rescinded altogether when the potential ownership group was unable to secure the funds for the expansion fee.
With the money garnered from the sale to Gannett, Ackerley, after a brief return to the Northeast to work for an advertising firm, relocated to Seattle, Washington, in 1975 and purchased Seattle-based Foster & Kleiser from Metromedia Inc.
and Obie Outdoor Advertising based in Eugene, Oregon.
The acquisition of these two outdoor advertising companies formed the beginnings of Ackerley's new company, named Northwest Communications, Inc. in 1975 initially, and renamed Ackerley Communications, Inc. the following year.
From there the new company would begin to acquire broadcast television stations and radio stations in the early 1980s.
He was also the owner of the Seattle SuperSonics basketball franchise from 1983 to 2001 and the Seattle Storm basketball franchise from 2000 to 2001.
In 1983 Ackerley purchased the Seattle SuperSonics of the National Basketball Association from original owner Sam Schulman.
Ackerley began exploring new options for an arena.
Heavy relocation rumors began to circulate, amongst them a potential move to San Diego or possible sales to groups in other markets like Milwaukee or Toronto.
In July 1990, the city council approved a deal for a privately owned $100 million facility to be built on the Ackerley land in SoDo, despite objections over traffic and parking by the Seahawks and Mariners in the neighboring Kingdome.
The city's contribution would be to waive about $31 million in tax revenues (about $1 million per year) to potentially be collected on admissions fees at the new arena.
It would also pay $2 million for street improvements around the proposed site, including a pedestrian walkway over South Royal Brougham Way.
Ackerley also agreed to sign a 30-year lease for the Sonics and to build a 1,800-stall parking garage.
Ackerley appeased the Seahawks' concerns, noting the arena would be empty during any NFL games.
The Mariners unsuccessfully continued to object, even enlisting then-Major League Baseball commissioner Fay Vincent and then-American League president Bobby Brown to speak before the council ahead of their final vote.
During negotiations, Ackerley had asked for a provision to reduce the seating at the Coliseum by 9,000 seats so the older arena couldn't compete with the new building, but the city would not agree.
Another selling point of the new arena was luxury suites, a means to attract corporate money and sponsorship that was then an emerging new revenue stream for sports team owners.
Ackerley's financing and agreement with the city hinged on the ability to sell the 70 proposed luxury suites.
Ackerley also committed to submitting an expansion application to the NHL by a September 15, 1990 deadline as part of the arena deal.
His son Bill would head the expansion effort, while a competing group led by Microsoft executive Chris Larson and former Seattle Totems player then coach Bill MacFarland was preparing their own application.
With the Ackerley application already submitted, the two groups would merge with Larson and MacFarland being primary points of contact with the NHL.
Then the owner of the Seattle Thunderbirds, Bill Yuill, also joined the group.
After mainly transitioning to a broadcast media company, the company would be sold to sold to Clear Channel Communications in 2001 for $1.1 billion.
In 2018, Ackerley's son Chris would say that the family was always committed to keeping the team in Seattle, and that "in each case, we stood on our principles that this is a Seattle community asset."
Briefly, the Ackerleys talked about building an arena east of Lake Washington near the mall in Bellevue.
They would eventually purchase land in the SoDo District near the Kingdome, some of which included the site that would become the Mariners' current home, T-Mobile Park.
Ackerley approached the city about a public contribution to the new arena, but the city was reluctant over fears the city-owned Coliseum would become obsolete.
They offered to help finance a renovation of the Coliseum, but the team owner declined.
To sweeten the offer, Ackerley sold city leaders on the idea that the new arena in SoDo could also attract an NHL club.