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Maybe as bad as if you looked it as steps removed. Ultimately though Sharp was a salary dump and it was nothing more. Even if Cakes is all we got back, It helps to remember that it was a salary dump.
I think that separates the Sharp/Ellison deal. It's not like Ellison was an Offense-only defenseman coming off a career offensive year that completely lost his O game with Philly, and it's not like Sharp was a scoring juggernaut coming off of a down year that had life rekindled by a change of scenery. It was depth for depth with one piece going out and another rising up.
I won't call the trade good, but it was needed.
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Salary dump or not, he's still a good player, and as I just posted he wasn't washed up. We should have been able to get a serviceable piece out of him. It was a bad deal. Very bad deal. Especially to a rival, and the piece we took away they replaced with Oduya.