The Revolution gained selections in the second round (31st overall) and third round (48th overall) from the Red Bulls.
Albright, 31, was a member of the Revolution for two seasons after being traded to New England in a draft-day trade in 2008. Albright made 27 appearances in his tenure with the Revs, including 26 in 2008 when he played a career-high 2,340 minutes. He was limited to just one appearance in 2009 after an early-season knee injury ultimately ended his season.
An 11-year veteran of MLS, Albright began his career with D.C. United before being traded to the LA Galaxy. He was a member of the United States' squad at the 2006 FIFA World Cup, and has 22 caps with the national team.