From the rules:
7) All drafts will be conducted with no clock for the first round and a 2-hour clock for subsequent rounds. If an owner fails to draft within the 2 hours, the next person is free to make a pick. The owner who was skipped may make his/her pick at any time, choosing from the players not yet picked.
8) The clock will run seven days per week from 10AM until 10PM in the Eastern U.S. time zone, until the draft is completed.
So yes, yes we do.
Jflatour timed at 6:14
Mikemorraco has until 8:14