Late round as in 3rd round and onwards.

For me

Detroit

1990 - ) Vyacheslav Kozlov (3rd round), Stewart Malgunas ( 4th Round), Jason York (7th round)
1991 -) Chris Osgood (3rd round), Mike Knuble (4th round)
1992 -) Dan Mcgillis (10th round)
1993 -) John Jakopin (4th round), Norm Maracle ( 5th round)
1994 -) Tomas Holmstrom ( 10th round )
1995 - 1996 - 1997 -) n/a
1998 -) Pavel Datsyuk (6th round)
1999 -) Henrik Zetterberg ( 7th Round )
2000-2001 -) None
2002 -) Valterri Filppula (3rd round ), Derek Meech ( 7th round ), Jonathan Ericsson ( 9th round )
2003-) Kyle Quincey ( 4th round )
2004 -) Johan Franzen ( 3rd round )
2005 -) Daren Helm ( 5th round )
2006 -) n/a
2007 -)
Joakim Andersson ( 3rd )
2008 -) Gustav Nyquist ( 4th )
2009 -) Andrej Nestrasil ( 3rd ) , Nick Jensen ( 5th )
2010 -) Petr Mrazek ( 5th )
2011 -) Alan Quine ( 3rd ), Alexei Marchenko (7th)
2012 -) Andreas Athanisiou ( 4th )
2013 -) Matthias Janmark ( 3rd )

Most Notable : Pavel Datsyuk, Henrik Zetterberg, Tomas Holmstrom, Johan Franzen, Vyacheslav Koslov, Chris Osgood, and Valterri Filppula

Best Drafts Prior : 1989 -) Nicklas Lidstrom, Sergei Fedorov , Dallas Drake, Sergei Kostantinov
1983 - ) Joey Kocur, Petr Klima, Stu Grimson, Bob Probert,
1981 - ) Corrado Micalef, Gerard Gallant, Rick Zombo, Robert Nordmark, Greg Stefan, Larry Trader

*note these are only stating late round picks


Overall Analysis -) So many great talented forwards. There drafting abilities in the late round lead to multiple successful teams, to many cup finals. Datsyuk was phenomenal in a class of his own. Zetterberg hit 92 points in his prime overall an amazing player. Holmstrom, Franzen, Filppula, Kozlov, Nyquist, Knuble all spent time in top 6s. Darren Helm, is a great bottom sixer. Athanisou and Janmark are on their way to top 6 forwards. Jason York was a Solid defender, and as is Ericsson. Quincey was decent. Osgood was a legitimate number 1, Mrazek is a decent 1b type, Maracle was an okay backup.

You could make a pretty impressive team only using 3rd and onwards with the wings.

This forward core is pretty sick

Kozlov - Datsyuk - Knuble
Holmstrom - Zetterberg - Franzen
Athanisiou - Filppula - Nyquist
Helm - Andersson - Janmark
Pulkinnen - Quine - Nestrasil
Laing - Sykora - Ritola
Mursak - Callahan - McDonnell
all logged games...

decent defence w/ Jason York, Jonathan Ericsson , Dan Mcgillis, Kyle Quincey, Derek Meech, Nick Jensen, Alexei Marchenko, John Jakopin, Stewart Malgunas

with Osgood, Mrazek, Maracle, and Mcintyre in net
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Understandable if no team beats it. I'm looking to see other impressive draft teams.
No need, to do a big analysis like above. Also don't worry about being bias and posting your own teams, I'm quite interested learning about most teams, and how successful, they've been in the later rounds. I'm assuming teams who've drafted well late lead to team success. Like I stated above, Detroit won 4 stanley cups, and made the finals 6 times throughout this time frame, and most of their core players were drafted in the later rounds.