Bury goalkeepers Neil Edwards and Craig Dootson and striker Jon Newby have all been released by the club. Youngsters Steve Burke, Russell Hitchen and Vassos Theophanous are also being allowed to leave Gigg Lane.
However, captain Dave Challinor, Brian Barry-Murphy and Paul Scott have signed new contracts.
And new deals have been offered to 10 players including Tom Kennedy, Colin Woodthorpe, Dave Flitcroft, Tom Youngs, Chris Brass and Matthew Tipton.