"I don't think that's gonna happen,” he explained. "I'd have to play a grandfather -- do I want to do that? Yeah, of course I do, but I think we've seen enough."
"But, you know, I think another generation will make that movie again," he added.
Martin was in attendance at the event after he was personally asked by Meyers to present her with the Career Achievement Award she was receiving.
"I've had a long, long professional relationship and friendly relationship with Nancy Meyers," he shared. "I really wanted to be here because she and Charlies Shyer deeply affected my life with the Father of the Bride films, which they wrote and directed."
Meanwhile, Meyers herself couldn't help but gush about Martin being there to support her.