Do you mean you have "
selected 1 player rated as Franchise".
Or do you mean you've "
seen 1 player rated as Franchise".
Because many times, we will not pay attention to other team's selections. Or we ignore later round picks.
And speaking of later round picks, there was a guy on the EA reddit page that posted a picture of a goalie he drafted near the seventh round (late round basically, I don't remember specific). This goalie was a Franchise goalie.
My meaning is, it could be happening, but perhaps we miss it.