The Quick Draw badge is new for NBA 2K20 and quickens your jump shot’s release. And the higher the level of the badge, the quicker the jumpshot will be. It is in the Shooting category of badges.
This badge is the most important shooting badge in 2K20, as all jumpshots are purposely slow this year. Every build looking to shoot should have the badge, but which level depends on your personal preference.
Here’s a video further breaking down the badge: