The Canadian Football League holds its annual player draft before the start of the season, either in the last days of April or the start of May. It was formerly held as part of the annual league meetings in Hamilton, but is now typically held by conference call with the first two rounds being broadcast live on TSN. Since 2016, the draft has consisted of eight rounds, with teams drafting in inverse order of their records in the previous season, with the Grey Cup-runner up selecting second-to-last and the Grey Cup champion selecting last. As with the NFL Draft, trading of picks is very common, meaning that a team will not necessarily have eight picks in a given draft.