"I love being an older comic now. It's like being an old soccer or an old baseball player. You're in the Hall of Fame and it's nice, but you're no longer that person in the limelight on the spot doing that thing"

Eric Idle is describing the fact that as a comic, he is no longer in the spotlight as he was when he was younger. He is now in the "Hall of Fame" of comedy, which is an excellent honor, but he is no longer the one on the spot performing. He is comparing himself to an old soccer or baseball gamer who is no longer playing the game, however is still appreciated for their accomplishments. He is stating that it is great to be an older comic, but it is not the same as when he was younger. He is no longer the one in the spotlight, but he is still respected for his work. He is content with his place in the comedy world, however he still misses the excitement of performing.