Adjusted cap shows $32.5 million spread between Jags and Redskins

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,…