significance of 1:32?

hiya, larrie coming out of retirement here. the "around 1:32" lyric always irked me a bit, but i could never figure out why. now i'm seeing it referred to in a louis/larry context. is anyone feeling generous enough to give me a synopsis?

p.s. this set of old pap pics came up on my for you page. jerry WHO?

https://preview.redd.it/01hpj10rfv1e1.png?width=1179&format=png&auto=webp&s=6934867abb0d45288341a8a8de50da3b5eaf66d6