Complex sentence: For leagues without unique teams, i.e. every manager can own every player if he has sufficient funding, there is usually neither a draft nor an auction but managers can pick their players until they have used up their budget.
Split into simpler sentences: For leagues without unique teams, i.e. every manager can own every player if he has sufficient funding. Usually there is neither a draft nor an auction but managers can pick their players until they have used up their budget.