The Edmonton Eskimos have traded non-import kicker Derek Schiavone, a first round pick and a fourth round pick in the 2013 CFL Canadian College Draft.
McKnight was drafted in the first round of the 2011 CFL Draft by the Alouettes, 8th overall. McKnight played at the University of Montana and in his senior year was 75 percent on field goals, recorded a 43 yard punting average, and a 62 yard kick-off average.
The plan is to use both Grant Shaw and McKnight as punter Burke Dales is currently on the 9-game injured list with a foot injury.
Schiavone played 12 games in five seasons for the Eskimos, he was 87 percent in field goals, and recorded a 39 yard punt average.
The Eskimos are in Hamilton on Saturday.