Kraft provided updates on the Beaver Stadium construction project, football ticket sales, and Penn State's NIL positioning.
Zane Durant, Vega Ioane, and Nick Singleton were first-team selections, while Kaytron Allen was pinned to the second team.
Allar was named a finalist for the same award a season ago.
Jenkins is the No. 8 player in Pennsylvania and Penn State's fourth commit of the 2027 recruiting class.
The former 93rd overall pick suffered the injury in the Baltimore Ravens' preseason win over the Dallas Cowboys.
University police charged Dejuan Lane and Kenny Woseley Jr. following an incident at their Nittany Apartments residence on the night of July 28.