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Yes, but not in the way people expected it to be beneficial. He helped launch Masvidal's career so the trade actually helped them to create a star in the UFC, it just wasn't Askren. So overall it was a good trade because they are still using Masvidal's popularity to this day and had one of the biggest PPV's in UFC history - which probably would've never happened without the trade taking place.
Well, that's kind of OP's point. My first thought upon reading the question was a resounding "heck no," but with the Masvidal angle, yeah, in retrospect it was a good trade.