I know this song probably wasn't written with such a specific idea in mind, but the lyrics make a lot of sense if you think of it as Murtaugh from LW1 ruminating on his somewhat unlikely friendship with Riggs.
Murtaugh knows that he is Riggs' only friend, and despite being a grounded family man with lots to live for, he admits reluctantly that he would be willing to risk his life for his partner.
I know this song probably wasn't written with such a specific idea in mind, but the lyrics make a lot of sense if you think of it as Murtaugh from LW1 ruminating on his somewhat unlikely friendship with Riggs.
Murtaugh knows that he is Riggs' only friend, and despite being a grounded family man with lots to live for, he admits reluctantly that he would be willing to risk his life for his partner.