Ah, Rizzo, it's not so bad.
2 seconds sound clip from the Muppet Treasure Island movie soundboard.
You can hear this line at 00:41:01.676 in the Blu-ray version of the movie.
Quote context
[...]
- Come on, Long John. You could captain this ship.
- That I could, lad. Maybe someday I will.
- Okay.
- Oh, Smolly, my love for you is deeper than the deep, blue sea.
- Well, at least one of us is having a good time.
- Angel Marie said that later on, he'd throw a line out the back and let me drag along the bottom.
- Ah, that's just a figment of your imagination.
- This is a figment of my imagination?
[...]