Popeyes Louisiana Chicken just bought its core recipes from the founder's family for $43 million.
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Until now, Popeyes had been paying the family of Al Copeland $3.1 million a year in royalties, reports The Times-Picayune.
While the fast food chain now owns the recipes for the famous chicken and biscuits, it will continue to pay Copeland's family for spices.
The deal "brings important intellectual property - Popeyes' core recipes - under brand ownership for the first time," Popeyes' CEO Cheryl Bachelder said in a news release obtained by Eater.
Al Copeland founded Popeyes Chicken & Biscuits more than 40 years ago. He died in 2008.
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Popeyes is popular for its spicy and regular chicken, seafood, biscuits, and sauces.
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