NEW ORLEANS, LA (WVUE) - New Orleans Saints quarterback Drew Brees and his wife Brittany are the new co-owners of Walk-On's Bistreaux & Bar.
The announcement was made Wednesday naming the couple as the new co-owners of Walk-On's Enterprises. The sports bar chain also includes Happy's Irish Pub and Walk-Ons Catering.
Walk-Ons was named "Best Sports Bar in America" by ESPN in October 2012.
The NFL All Pro and his wife have been in negotiations to become co-owners for several months, according to Ladd Biro, Founder and Principal of Champion Management, who represents Walk-On's. The deal was finalized on May 18. Financial terms were not released.
Co-founder and owner of Walk-On's Enterprises, Brandon Landry, is happy to have the couple as a business partner.
"When you consider all the people we could have associated our brand with, there is absolutely no one I can think of that would be higher on our wish list than Brittany and Drew," said Landry. "I've been impressed by their business savvy and the vision they have for the brand. I'm very fortunate and honored to call the Breeses my partners."
Drew stated that he and Brittany want to help Walk-Ons grow and become even more successful.
"We're not just passive investors. Brittany and I are committed to working closely with Brandon and the team to do whatever we can to contribute to Walk-On's success going forward," he said. "I think we're going to have a lot of fun, and celebrate a lot of wins, in the years ahead."
Brittany Brees stressed that Walk-On's Louisiana roots were an important factor in their decision to buy into the company.
"Drew and I consider New Orleans to be our home now, so we love the idea of investing in a Louisiana-based brand that is so well respected in its industry," she said. "We've done our homework and we truly believe Walk-On's has the potential to become a successful national chain."
The growing restaurant chain currently has two locations in Baton Rouge, one in downtown New Orleans and one in Lafayette. A restaurant is currently under construction in Houma and an agreement to build a restaurant in Lake Charles was recently announced. According to Biro, future sites are expected to be unveiled in the coming weeks.