Instant, U (1) Counter target instant or sorcery spell unless its controller pays {1}. Draw a card. Teferi wanted no part of Urza's battle plans, but both agreed the Phyrexian portal must be closed.
Illus. Paolo Parente
If you draw another counterspell when Disrupt resolves, and the player paid the mana to stop Disrupt from countering the spell, you may use the newly drawn counterspell to try again to counter the spell being cast. [Duelist Magazine #19, Page 34]
Note - The Weatherlight version of this card was of type Interrupt.