The 2012 edition of the WWE Draft looks like it will happen the Monday before the next pay-per-view—after WrestleMania 28 on April 29, Extreme Rules.
From WrestlingInc.com:
The start time for the the April 23rd Raw Supershow from Detroit has been changed to 7:15 p.m, so the televised portion of RAW will be three hours. As noted earlier, the show is tentatively scheduled to be the draft show. John Cena and C.M. Punk vs. Chris Jericho and Kane is advertised as the dark match main event...
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