The next quarterback in the Manning Dynasty sold his first football card for $103,000 and gave the money to charity

• Arch Manning will start his college football career this fall at the University of Texas.
• Arch is the nephew of former NFL quarterbacks Peyton Manning and Eli Manning.

The next member of the Manning Family Football Dynasty has yet to play a game in college, but he is already using his name and big arm to raise money and help charities.

Arch Manning, the nephew of Peyton Manning and Eli Manning and the grandson of Archie Manning — all former NFL quarterbacks — signed his first Name, Image, and Likeness (NIL) endorsement deal with the sports card company Panini America.

As part of the deal, Panini produced a one-of-a-kind autographed card of Manning and auctioned it off on their site. The winning price was $102,500, a record for a card sold on the Panini website, and all the money was to be donated to the St. David's Foundation.

You can see the card here.

The winning bid was $2,500 more than the previous record of $100,000 for a card of NBA star Luka Dončić, ESPN reports.

Manning will begin his college football career at the University of Texas this fall.

While many college athletes have made large sums of money with NIL deals — some have even become millionaires — it was previously reported that Manning would not sign an NIL deal until he became the starting quarterback at Texas, something that is believed to be unlikely at the start of his first season.

According to a report from Sam Khan Jr. at The Athletic, Texas head coach Steve Sarkisian told boosters earlier this year that grandfather Archie Manning had informed him that Arch Manning did not take any NIL money to sign with Texas and wouldn't accept any until he became the starter.

Of course, it is unclear if the younger Manning has technically taken any NIL money, considering the first $100,000 went to charity. So maybe Arch found a loophole in granddad's edict.