The satire is a parody of popular sports review shows like SportsCenter. By using "footage" of the annual "teacher draft", the sketch mocks the amount of attention given to sports, while simultaneously pointing out the fact that teachers are not given enough recognition for their work. The video even uses a parody of a car commercial (with a teacher in place of an athlete), to draw attention to the huge imbalance of attention given to sports and teachers.
The satire also uses hyperbole within the parody. It is a widely known fact that most teachers get paid very little; in the video, however, the teachers are paid millions of dollars. At one point, the announcers describe a teacher who was very successful despite being raised by a father who "lived paycheck to paycheck on a pro-footballer salary". This overstatement of reality again emphasizes the fact that teachers are rarely justly rewarded for their hard work and dedication. The satire is trying to get people to realize the amount of commitment and devotion that it takes to be a good teacher.