Noel Prefontaine is leaving the Toronto Argonauts to make way for the man he replaced in 1998, Mike Vanderjagt. ((Frank Gunn/Canadian Press))

The Toronto Argonauts confirmed Saturday that veteran kicker-punter Noel Prefontaine has been traded to the Edmonton Eskimos.

In return, the Argos will receive a 2009 first round pick in the CFL Canadian draft as well as a conditional pick in the 2010 draft.

Reports circulated on Friday that dealing Prefontaine is designed to create room in Toronto for Mike Vanderjagt, who has re-signed with the Argos.

Prefontaine, 34, joined the Argos in 1998 after Vanderjagt's departure but struggled as a kicker, making just 10 of 23 field-goal attempts. After three seasons concentrating on punting duties, he became Toronto's kicker again in 2002.

Last season, he endured his toughest season since his rookie year in 2007. He made 26 of 39 field goals for a career low .667 percentage and also suffered a concussion. Toronto even resorted to bringing 39-year-old Steve Christie out of retirement for a game.

Vanderjagt, 38, was the kicker on Toronto's Grey Cup teams of 1996-97, making all nine kicks he attempted in the two championship games. He then embarked on a nine-year NFL career, most successfully with the Indianapolis Colts.

The Oakville, Ont., native made 217 of 248 kicks with the Colts during the regular season for a remarkable .875 percentage, but missed crucial kicks in playoff losses to Miami (2000) and Pittsburgh (2006).

He was jettisoned in favour of Adam Vinatieri in spring 2006, with the Colts going on to win the Super Bowl with the former Patriots kicker.

Vanderjagt last played professionally in 2006 with the Dallas Cowboys, but was cut during the season after making just 13 of 18 attempts.

CBC Sports reported last November that the club was interested in bringing back Vanderjagt for the playoffs as insurance, but a deal was never worked out.

The deal for Prefontaine essentially cost the Eskimos an additional conditional draft pick, the price they paid earlier in the week to obtain punter/kicker Duncan O'Mahony from Calgary. O'Mahony was a casualty of the Prefontaine trade, released by Edmonton on Saturday.

With files from the Canadian Press