I am mostly in agreement with HH. I agree with Patrick over Adams, there's no reason to spend a couple million on Adams. He hasn't distinguished himself over Patrick. In trying to keep the best talent regardless of position, Murphy could be cut to make room for a better talent at WR or DB. They should be able to get Murphy to the PS.
Without any info on the extent of injuries to Davis and even Banjo, its difficult to predict a couple of the spots. I'm thinking they will stash Davis on IR and give him a year to work on size and strength. With the WRs ahead of him, he wouldn't be active on game days anyway, so they might as well stash him on IR if they can.
I wouldn't be surprised to see them go with just Lacy and Starks at RB. They have often had just Lacy and Starks active on game days anyway. They might rather lockup another WR or DB than a runningback who is nothing special anyway and can be held on the practice squad for potential signing if/when Lacy or Starks gets dinged up.
I won't be surprised if they look for a blocking TE after all the cuts get in. Perillo doesn't really add much to the roster.