AP

The per-team unadjusted salary cap this year is $120.6 million. But no team has an actual salary cap of $120.6 million.

Via various accounting devices (including the ability to carry over unused cap space from 2011 and the penalties imposed on the Cowboys and Redskins for treating the uncapped year of 2010 as, you know, an uncapped year), the actual numbers have been adjusted.

A league source has shared the full, per-team, adjusted cap list with PFT. It shows that the Jaguars have a total of $148.4 million to spend in 2012, with the Redskins at only $115.9 million.

The Jags have a higher number due to the amount of cap space that was carried from 2011. And the excess can be carried year to year under the new labor deal, spending none of it.

Next year, when the per-team spending minimum kicks in, it will apply only to the unadjusteed cap. No team is required — ever — to spend any of the excess that comes from carrying money over from year to year, or any other amount above the unadjusted cap.

For the Redskins, who are nearly $5 million below the cap, the difference comes from the $18 million in cap penalties imposed in 2011, with another $18 million to come in 2013. Even though, as the league said in court documents filed last week, “no rules or agreements were broken” by the Redskins and Cowboys.