If I had to choose your average NFL drafnik’s favorite term, it would be “Great value pick.”
A great value pick is obviously a player that is selected a little—or even much—later than he was projected to go before the draft. An opposite example of a great value pick would be Duke’s Daniel Jones, who was selected sixth overall by the Giants—about 11 spots sooner than he probably needed to be drafted (the Giants also had the 17th pick in the first round on Thursday).
Perhaps a good example of a great value pick is Justin Layne, cornerback, Michigan State, who the Steelers selected with their second pick of the third round (83rd, overall) of the 2019 NFL Draft.