Jason Campbell has signed his restricted free agent contract, the team announced on Monday.
Campbell is expected to continue to seek a trade, however.
On March 4, the Redskins tendered Campbell at a first-round level on March 4.
After the Redskins acquired Donovan McNabb on April 4, Campbell met with head coach Mike Shanahan and asked to be traded.
"He asked me if I would allow him the opportunity, past April 15, to look for a starting job in the NFL," Shanahan said. "I told him, 'Definitely.' I told him that we would give him the ability to seek out the possibility to start for some team before the draft [on April 22]. Now we'll just wait and see."
It's possible that Campbell could return to the Redskins in a backup role.
Until his situation is resolved, Campbell is not expected to attend the Redskins' off-season conditioning program or the team's mini-camp on April 16-18.
Last year, Campbell set career highs by completing 327-of-507 passes, a 64.5 percent clip, for 3,618 yards, 20 touchdowns and 15 interceptions. His QB rating was 86.4.
Despite the statistical success, it was a turbulent year for Campbell.
He was the subject of trade rumors in the 2009 offseason. Once the regular season started, he was sacked 43 times behind an injury-plagued offensive line and the Redskins struggled to a 4-12 record.
In 52 career games, all starts, Campbell has completed 61.2 percent of his passes for 10,680 yards, 55 touchdowns and 38 interceptions. His career QB rating is 82.3.
The Redskins' record under Campbell is a disappointing 20-32. He has developed his leadership skills through the years, but he has been criticized for being quiet and reserved at times.
Campbell was drafted by the Redskins in the first round (25th overall) of the 2005 NFL Draft.