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Re:Obama Commutes Bulk of Chelsea Manning’s Sentence by at-fates-hands on Tuesday January 17, 2017 @04:47PM (#13421621)
It's covered pretty well in depth here:

http://politics.stackexchange.com/questions/7674/why-is-the-...

Some of the finer points:

- A presidential pardon is for federal crimes. The president cannot pardon someone for a state crime (or a crime committed subject to a local jurisdiction whose power is derived from a state).

- Presidential pardons are reinforced by the constitutional prohibitions against double jeopardy and ex post facto laws. Once a person has been pardoned for a federal crime, the federal government (and any territories or districts that derive their power from the federal government) cannot re-try the pardonee for that crime.

As pointed by another person in the same thread which really answers your question:

- Fourth major benefit of pardons: Presidential pardons are about checks and balances. The legislative system has determined a law, the judicial system has determined an infraction of that law, and with a pardon the presidential system can react to a mistake made by either the legislative or judicial branch.

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