I don't think so, what everyone is missing is the fact he has been nursing injuries and age but, with that being said during his tenor with the Angels thru 2015 he hit 115 home runs. Not bad at all, that averages out to 28.75 HR per season. Those are still pretty strong numbers for a guy his age. Was the contract they gave him a good one? Probably not, but if I remember correctly the Angels signed a huge $300 million TV deal right about the time they picked up Albert, might have had a lot to do with that. CJ Wilson signing wasn't terrible, he just didn't perform. Josh Hamilton's last year with the Rangers he hit around 43 HR, he never got close to that with his combined time with the Angels.
It's just baseball, they are not the first team to go all in and come up with nothing and they won't be the last. Teams are constantly under performing, the Dodgers in the past few years, the Astros this year and the Red Sox a few years ago went all in and crashed too. It happens. The season is still young, you never know who will step up when it counts.