Hoops

Lottery Draft in AFL

That's effectively how the Father-Son works XY.
Now, since they changed the rule, about a month or so before the draft (and before trade week), any Father-Son eligible kids are basically put up for auction. Teams can bid say their second round pick for that player. Whatever the highest bid is, the team eligible for the Father-Son selection then needs to counter the bid with their next pick in the draft. Most recent was Ayce Cordy who was eligible for the Bulldogs. Brisbane I think it was bidded their first round pick (pick 7) for him. The Bulldogs then were forced to bid their first round pick (14) to get him. That pick is then locked in and can't be traded or changed.
It used to be if you have an eligible player, you can just elect to take them and they are yours for your final pick in the draft (say you have 5 spots left on your list, it would be your 5th Rounder).
They've basically made the Father-Son rule stricter and replaced it with the NSW-Scholarship program. Teams can go to any NSW club and sign a player to the NSW Scholarship program (even if the player is in their early teens) and when they are old enough to be drafted, the team can elect to take them with their last pick in the draft, or offer them a rookie pick, or just release them from the Scholarship.

The Priority pick system is still in place. If you win less than 5 games for the year, you are given a priority pick. The first year you do, you are given an extra first round pick at the end of Round 1 (eg. pick 17). If you then go out and don't win 5 games again the following year (2 years in a row), you then get the priority pick at the start of round 1 (eg. you get pick 1 and 2)

I am not sure that it is as important for the AFL. One player in 18 on the field has (relatively) a smaller impact than one player on a basketball team on the games' outcome. Accordingly, the difference between pick 1 and pick 5 in the AFL draft ought not be as significant as the same picks in the NBA.

The real traversty of the AFL system is that if you perform badly enough you get an EXTRA low placed pick. Because of this, teams in the past have been able to get picks 1 and 3 (for example). I think this has now been changed so that the priority picks come after the first round (but I am not sure).

The other travesty of the draw which has advantaged Geelong in particular was the Father-Son rule, which allowed a team to nominate any Father-Son and select that player in advance with their last pick in the draft. Accordingly, players like Gary Ablett Jr went with picks in the high 80's. I think this has also been changed now, so that if any team other than Geelong selected Gary Ablett in the draft, Geelong would need to then immediately use their next pick in the draft to override that pick.

If the above changes have been made (which I think they have) it really makes the AFL draft reasonably fair. As far as I can see, there is no evidence yet this year that teams are tanking in any event, with a number of low placed teams getting recent wins.