The timing of your draft varies based on draft type. Please consider the following:
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Offline Draft: The offline draft does not use Yahoo! systems in any way, so the time and place of the draft is to be determined by the commissioner or league members.
When the draft has been completed, the league commissioner enters the draft results using the commissioner tools.
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Autopick Draft: Autopick drafts don't run at a scheduled time and cannot be viewed in-progress by league members. In a Custom League, autopick drafts are generally processed from 1 to 48 hours after the commissioner sets the draft status to "Ready."
If you've signed up for a public autopick league, your team is placed in a league and drafted as soon as possible after you set your draft status to "Ready." This generally occurs within 1-2 days after changing your status.
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Live Draft: If you've signed up for a public live draft, the draft runs at the time you selected. To confirm your time, check the countdown on your league overview page or click "Settings" from your league overview page to view your draft time.
A Custom League commissioner selects the draft time if the live draft option has been selected. The time of the draft can be changed at any time before the draft room opens by using the commissioner tools. Again, you can confirm the time by viewing your league settings page.