Of course the late round picks fail more, at every position and not just QB. But a higher pick doesn't guarantee anything. Here's a list of HOF QBs (plus Brady) & the number of non-HOF QBs that were drafted before them.
Starr-8
Brady-6
Blanda-8
Unitas-3
Montana-3
Fouts-5
Stabler-3
Jurgensen-4
Van Brocklin-5
Marino-3
Favre-2
Roethlisberger-2
There are also 8 more who were drafted behind 1 other QB.
That's a ****load of misses from people who are paid to make those choices.
And this is the list of all of the #1 picks that aren't in the HOF yet. Only a few have any chance to get there.
2023 | Bryce | Young |
2021 | Tevor | Lawrence |
2020 | Joe | Burrow |
2019 | Kyler | Murray |
2018 | Baker | Mayfield |
2016 | Jared | Goff |
2015 | Jameis | Winston |
2012 | Andrew | Luck |
2011 | Cant | Newton |
2010 | Sam | Bradford |
2009 | Matthew | Stafford |
2007 | JeMarcus | Russell |
2005 | Alex | Smith |
2004 | Eli | Manning |
2003 | Carson | Palmer |
2002 | David | Carr |
2001 | Michael | Vick |
99 | Tim | Couch |
93 | Drew | Bledsoe |
90 | Jeff | George |
87 | Vinny | Testaverde |
75 | Steve | Bartkowski |
64 | Jack | Concannon |
63 | Terry | Baker |
62 | Roman | Gabriel |
59 | Randy | Duncan |
58 | King | Hill |
55 | George | Shaw |
54 | Bobby | Garrett |
52 | Billy | Wade |
Like I keep saying, it's a crap shoot and a top pick is no sure thing.