Not at all.
He's main evented RAW and Smackdown plenty of times. PPVs would be included more often if Vince wasn't a dumbass about holding him back along with all the other good talents!
<<<That's never determined who's at the top of the card so it doesn't matter as far as his position goes.>>>
Doesn't mean he didn't lose his touch.
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So he didn't have anything going at Backlash last year (which was made up by having a HIAC match at the following PPV). At least he had a match at this year's Backlash.