The 28-year-old pass catcher has spent the last two seasons as a Redskin, coming over from the 49ers. Morgan appeared in all 16 games last season, but only tallied 20 total catches and failed to record a touchdown catch.
Morgan, who had his best two season stretch in 2009 and 2010, has failed to record more than three touchdowns in a season. He posted career highs in with 52 catches and 698 yards back in that 2009 season with the 49ers, and has struggled with production ever since.
He will likely fit in as a third or fourth receiver on his next team.