David 'Skull' Schulman was 81 when he was attacked.
Skull's Rainbow Room has been a popular club in Printers Alley since 1948.
Skull was rushed to Vanderbilt University Medical Center, where he died about nine hours after the attack.
He carried wads of cash in the upper middle pocket of his bib overalls.
"I got so upset with him on a couple occasions," Larry Flair, a former Metro Nashville cop who patrolled around Printers Alley, told The Tennessean. "Now, I did not know Mr. David away from the club. I had not been in his home or anything like that, but he was − just bless his heart − he was just real bad about having a large sum of money. And he kept it right there in those bibs."
A bit of a showoff, David "Skull" Schulman liked to conduct transactions with Rainbow Room customers b