The Nebraska junior left-hander was picked by the Baltimore Orioles in the 12th round of the Major League Draft that concludes Saturday night.
"I was hoping, dreaming of this for a long time and now, it's here," Knutson said Saturday after he was the 361st player drafted in the 40-round draft.
"I didn't know much about the Orioles but I'm going to be studying about them now," he said.
Knutson, a native of Arden Hills, Minnesota, won his final three starts of this season to finish 3-1 with a 4.38 earned run average.
He is the second Husker taken in the draft this year.