The former Aston Villa winger has joined the Foxes on a Bosman.
"Marc Albrighton is typical of a player who has been at a club for a long time," said Pearson.
"He has been at Villa since a young lad and is probably ready for a new challenge.
"There is no animosity between the two parties but, hopefully, we will get the best outcome because he is ready for the new challenge.
"I think he is a talented player and he will fit in with what we have here already very well."
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