The terms of his deal have not yet been reported.
The Cundiff signing wasn't the only move that the Redskins made on Tuesday at the kicker position. They also cut last year's starting kicker Graham Gano, according to ESPN 980.
ESPN 980 has learned via Graham Gano that the #Redskins have actually released him, to make room for Cundiff. YIKES— ESPN 980 (@ESPNRadio980) August 28, 2012
Gano made only 13 of his 20 field-goal attempts from 30 to 49 yards away last season. Gano is the second kicker that Washington has released this week. Neil Rackers was cut on Monday.
Cundiff was cut on Sunday by the Ravens, and despite playing well for Baltimore, his tenure with the team will always be marked by his 29-yard field-goal miss that would have sent last year's AFC Championship Game against the New England Patriots into overtime. The miss cost the Ravens a chance to reach another Super Bowl.
If Cundiff has put the miss from the AFC title game behind him and moved on, Washington is upgrading at a position in which they cannot afford to be weak this season.
Cundiff helped Baltimore rank fourth in the NFL in field-goal percentage last year, while Washington as a team ranked 16th.
Cundiff made 28 of his 32 field-goal attempts from 20 to 49 yards last year, which is pretty impressive. However, he was just 1-of-6 from 50-plus yards. He also converted on all 38 of his extra-point attempts.
The Redskins are Cundiff's fifth NFL team in his eight-year career.
Nicholas Goss is a Featured Columnist at Bleacher Report. Follow him on Twitter.