Do you need to draft a QB in the early 1st round in order to have a franchise QB?
Jim Kelly: Pick #14-right in the middle of a then 28-team league
Dan Marino: Pick #27 of the same draft
Brett Favre, Drew Brees: 2nd round
Joe Montana:3rd round
Tom Brady: 6th round, pick #199
My point is that you can draft a QB outside of the first round, develop him, surround him with talent, and install the right system, and he can be a franchise QB.
On the other hand, how many 1st-round QBs have been draft busts? JeMarcus Russell, Todd Marinovich, EJ Manuel, JP Losman, Ryan Leaf, just to name a few.