I think that logic is sufficiently sound, provided we know we are not being precise. I don't know enough about the case to say whether it actually applies here.
Pardons aren't always condoning a person for the crime they were convicted of. The legal system is fallible and writing clear laws to handle ant scenario that comes up is impossible. A pardon can be used to free an individual who seems to have been wrongfully convicted but without sufficient proof or process for an appeal. It can also be used to free individuals who have been rehabilitated, or who the executive believes has learned from their crime and is ready to return to public life.
I have no idea if Abbott was motivates by anything like that or if it was more akin to jury nullification, but I wouldn't assume that a pardon can only mean that the elected official is condoning the crime itself.