"When we saw the speculation, I asked where it was all coming from – it's not for me," he told Sky Sports News. "They've got a good squad, a good support but it's not for me.
"Blackburn is a good club with great traditions going back many years, with Kenny [Dalglish] going there and winning the championship, they have a real tradition. It's not something that would be for me."
Redknapp has been out of work since being sacked by Tottenham Hotspur in the summer following four years in charge. Henning Berg is currently the bookmakers' favourite to replace Steve Kean at Blackburn, who are fifth in the Championship.
Redknapp, asked if he would rule out managing in the second tier, said: "No not necessarily, if I thought it was something I was interested in.
"I'm starting to get bored," he added, "you can only play golf so often. I'm losing too many golf balls at the moment."
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