It will be a live draft, time right now is set for March 20th @ 2:00PM (EST). The time can be changed and I just set it as that for now.

League ID#: 185074
League Name: MySports
Password: *****
Season Type: Full
Draft Type: Live Draft
Draft Time: Fri Mar 20 2:00pm EDT [ Add to My Calendar ]
Max Teams: 12
Scoring Type: Head-to-Head
Player Universe: All baseball
New Players Become Available: As soon as Yahoo! adds them
Max Moves: No maximum
Max Trades: No maximum
Trade Reject Time: 2
Trade End Date: August 16, 2009
Waiver Time: 2 days
Can't Cut List Provider: Yahoo! Sports
Trade Review: League Votes
Post Draft Players: Follow Waiver Rules
Max Acquisitions per Week: No maximum
Min Innings Pitched: 7
Weekly Deadline: Daily - Tomorrow
Start Scoring on: Week 1
Playoffs: Week 23, 24 and 25 (6 teams)
Roster Positions: C, 1B, 2B, 3B, SS, OF, OF, OF, Util, SP, SP, RP, RP, P, P, P, BN, BN, BN, BN, BN, DL
Stat Categories: R, HR, RBI, SB, AVG, W, SV, K, ERA, WHIP

PM me for the password to the league! Good Luck