Green’s Dictionary of Slang

satchel-ass n.

[satchel-arsed adj.]

(US) a general term of abuse.

[US]B. Rodgers Queens’ Vernacular 25: satchel ass [butt] abundance of buns.
[US](con. 1940s) E. Thompson Tattoo (1977) 27: Sweat YOUR big satchel ass!