Bristol City have released five players following their defeat against Brighton in the Divison Two play-off final.
Rougier has only been at Ashton Gate for two months
Tony Rougier, Marvin and Scott Brown, Darren Caskey and Lee Matthews have all been told they will not offered new deals to stay at Ashton Gate.
Boss Danny Wilson told the club's website: "It is always a tough decision to take to release players.
"But we have to take into account the club's financial position following our failure to win promotion."