Shit! Tito got careless. 
Tito was doing exactly what he needed to, if he wanted any chance of winning. He would have been picked apart on the feet, and McGeary is much better with submissions.
Tito needed to evolve a long time ago. Work on improving his ground game, by going for more submissions and learning how to defend them better. He also should have really tried to improve his striking (Guys like Werdum and Mir proved it is possible)
Tito's fighting style was a relic of the early days of mma. Not to mention that he has been through many wars, and is 40.
He was done years ago.