Nothing in the modern (just two rounds) age of the NBA can be considered that big of a steal. The draft used to be 19 rounds. If anyone that was picked in the 19th round that ended up an all-star (or even a decent starter) that's gotta be the biggest steal in draft history. Chuck Taylor was taken in the 10th round by Chicago back in 1972. Maybe he was the biggest steal.
Edit: oops, wrong Chuck Taylor. THE Chuck Taylor died in 1969.
Heh. But beyond Chuck, you're right, you used to see lots of late round picks who turned out to be really really good.
This is maybe the best argument for why, in general, the NBA does a better job of drafting now. When was the last time an undrafted player (who might have been taken in rounds 3-19 in the old days) turned out to be really good? Ben Wallace became really good, and there are a few good players on
this NBA.com list (which is incomplete- I don't see Chris Quinn on there), but Wallace was 12 years ago.
Anyway, for current players at least, how about the All-Undrafted Team
1- Jose Calderon, Chucky Atkins, Chris Quinn
2- Raja Bell, Mike James, Marquis Daniels
3- Andres Nocioni, Bruce Bowen, Ime Udoka
4- Ben Wallace, Udonis Haslem, Chuck Hayes
5- Brad Miller, Fabricio Oberto, DJ Mbenga
It's probably a clear loser to an all-second round team:
1- Gilbert Arenas, Monta Ellis, Mo Williams
2- Manu Ginobili, Michael Redd, Stephen Jackson
3- Rashard Lewis, Luke Walton, Trevor Ariza
4- Ryan Gomes, Ronny Turiaf, Matt Bonner
5- Mehmet Okur, Anderson Varejao