That is a yankees payroll check from 1975 paid to Bill Virdon.
I haven't decided what I am going to do with it yet. For now it is in the display case with my Virdon Spring Training bat. The handle blocks off most of the check though and leaves the yankees logo sticking out the top; I don't like that.
I also know someone that has a Virdon check from Topps. If I can ever convince the guy to sell it maybe I'll frame them together.