Teams complete 15-man squads for next year's competition
Afghanistan spinner Rashid Khan first pick - will play for Trent Rockets
Southern Brave sign Russell; Superchargers go for Finch; Welsh Fire select Starc & Smith
Gayle, Malinga and Rabada go unsold
England players have already been assigned teams in earlier draft
Competition begins in 2020
Ben Stokes is keeping an eye on things, hovering over Darren Lehmann's shoulder as he makes his latest selection.
Richard Gleeson of Lancashire is going a bit further north.
Pace, pace and more pace at Southern Brave.
Tymal Mills joins Jofra Archer, Chris Jordan and Andre Russell.
Trent Rockets pick first, and they go for local boy and all-rounder Steven Mullaney.
Ebony Rainford-Brent
Ex-England batter on BBC Sport
It's starting to get to the stage where you're looking at how you the gaps in your team. Southern Brave still need a wicketkeeper for example. If they're going to get a good one you'd think it would have to be soon.
On to round four we go...
Ryan Sidebottom
Ex-England bowler on BBC Sport
Birmingham Phoenix look light to me at the moment. Welsh Fire too, they don't have a spinner at the moment.
Graham Onions
Former England bowler on BBC Sport
I agree with Southern Brave and I think Trent Rockets too. D'Arcy Short is a great player.
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Ebony Rainford-Brent
Ex-England batter on BBC Sport
Southern Brave are doing well with Jofra Archer, Russell and David Warner. It's backed up by consistent players in the domestic game with Liam Dawson and James Vince and they have local knowledge.
I'm obsessed with Jos Buttler explaining how the draft works to Moeen Ali and Adil Rashid while they drink some sort of... energy drink, I think?
Heroes, all of them.
Remember, you can see a full list of the squads so far here.
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Trent Rockets have Joe Root, Rashid Khan, D'Arcy Short, Lewis Gregory, Alex Hales, Nathan Coulter-Nile and Harry Gurney.
Happy?
Bopara bashed Livingstone for two sixes in the penultimate over of Lancs and Essex's T20 quarter-final in the summer.
It seems it's still a little sore.
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Happy to be playing with Jofra Archer?
"Yeah. I won't have to worry about my head."
Nicely put, Dre Russ.
Russell reacts to becoming Archer's teammate
Ryan Sidebottom
Ex-England bowler on BBC Sport
It's absolutely brilliant for this game that the homegrown players are being selected. It happens in the IPL and the Big Bash so to get the English players getting picked up for big prices is amazing.
The 100: Liam Dawson profile
Eoin Morgan and Ben Stokes are on the sofas now. They're showing clips of the World Cup final and Headingley again.
They'll never get old.
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The Superchargers have added Adam Lyth, Chris Lynn, Aaron Finch and Mujeeb Ur Rahman to Ben Stokes, Adil Rashid and David Willey.
Ebony Rainford-Brent
Ex-England batter on BBC Radio 5 Live Sports Extra
The most exciting thing about this is the domestic players getting the opportunities. You look at Ravi Bopara, he held his own at T20 Finals Day, he's gone above his reserve. Lewis Gregory is another one. It's good for English cricket.
Here's how things stand after three rounds.
