According to a report by Fishbowl DC, the network announced the news during a conference call Monday morning.
Martin was suspended shortly after Super Bowl Sunday for tweeting controversial messages during the game.
He told his followers that he would “smack the ish” out of any man who likes the David Beckham underwear commercial.
He also made fun of a football player who arrived at to the Super Bowl wearing pink.
Martin eventually apologized and made amends via GLAAD.