well you have 2 drafts the superdraft and the waiver draft i've just started a mls game so i'm still learning but how i see it is that the waiver draft is a draft with all the players that are in de mls that dont have any contract by a mls team. the superdraft i dont know yet but i'll tell you...
i started a few days ago in the mls it really is a new challange and it more fun then i thought , yeh the transfer budget that u get is worthless so look for some great free tranfers there are alot out there . but the player trading is where u will get alot of good players and if you do it good...