The Bills cut seven players Tuesday. Among them was All-AFC East special-teamer John Wendling, who led the Bills with 26 coverage tackles.
The moves come a week after new head coach Chan Gailey and his finalized coaching staff convened at One Bills Drive to begin roster evaluations.
Fine was the most notable player aside from Wendling. He started six games last year and made nine catches for 64 yards. Fine was a fourth-round draft choice in 2008. Jenkins played 36 games over three seasons with Buffalo but didn't register a reception.
Palmer started a pair games at linebacker for the injury-plagued Bills.
Philip, Smith and McGhee spent the entire season on injured reserve.