The former 93rd overall pick suffered the injury in the Baltimore Ravens' preseason win over the Dallas Cowboys.
Deluca, Allar, and Dawkins are all repeat captains from last season.
The NCAA has lost its power recently, the Michigan punishment proves that.
University police charged Dejuan Lane and Kenny Woseley Jr. following an incident at their Nittany Apartments residence on the night of July 28.
Ioane was also on the watch list for the award a season ago.
The award has been presented since 2004, the year Allar was born.