P.T. Bailey was born in Morgan City in 1927. He worked as a shrimp trawler for 20 years, joined the Navy and then shrimped again after getting out of the service. He started out as a deckhand at Tidewater in 1966, quickly becoming captain after a couple of weeks on the job. He also worked as a Port Engineer and Marine Super for Offshore Logistics. In 1983, he decided to go into the seafood business with his son and now owns Bailey's Basin Seafood in Morgan City.

P.T. is Dub Noble's brother-in-law