Martin was placed on waivers by the Hurricanes on Wednesday, Walt Ruff of the Hurricanes' official site reports.
Martin has already been named to the Canes' preseason roster to face Nashville on Wednesday, so he figures to serve at least as the backup in that contest. With 57 games of NHL experience, in which he posted a 21-26-7 record to go with a 3.52 GAA, the 29-year-old netminder could draw some interest on the waiver wire. If he goes unclaimed, Martin will likely be sent down at some point before Opening Night against the Lighting on Oct. 11, though it may not happen immediately.