LOOK: Texas QB Arch Manning's Panini America Card Sold For Record Price

Texas Longhorns quarterback Arch Manning made a pretty penny with his first name, image and likeness deal, but he's donating it all to charity.

Move over Peyton Manning, there's a new sheriff in town — when it comes to trading cards.

Texas Longhorns quarterback Arch Manning recently had his first Panini America card auctioned off for $102,500, surpassing a 1-of-1 of Dallas Mavericks guard Luka Doncic which was sold for $100,000 as the most expensive Panini card. The proceeds from the autographed Throwback Black Prizm card will all be donated to a "Central Texas nonprofit through St. David’s Healthcare and St. David’s Foundation," Manning said on Instagram July 25.

“Getting my first Panini trading card is something I couldn’t have imagined growing up,” Manning said in a statement to On3. “Working with Panini to have my first trading card benefit the larger community is special. Helping children live healthy and fulfilling lives is something that has always been important to my family.”

Longhorns head coach Steve Sarkisian said the card was a "cool deal" at his media availability Tuesday.

"I did not (buy the card)," Sarkisian said. "I don't have that much money."

Manning surpasses his uncle, Hall of Fame quarterback Peyton Manning, having sold the most expensive card in family history. Peyton's most expensive card was sold for $71,988.88.

Manning is the second Texas quarterback to ink a deal with Panini America, as Quinn Ewers announced a partnership with the trading card company July 13.

---

You can follow Casey Smith on Twitter @casey_smith2419

Want the latest in breaking news and insider information on the Longhorns? Click Here to Subscribe to the Longhorns Country Newsletter

Want even more Texas Longhorns? Check out the SI.com team page here

Follow Longhorns Country on Twitter and Facebook

Make sure to subscribe to the Longhorns Country Podcast today! Click here To Listen