Green is nursing an undisclosed injury and will sit out the event on Jan. 28 at Camping World Stadium in Orlando, Fla.
Hilton, who will be heading to the Pro Bowl for the fourth consecutive year, reeled in 57 receptions for a team-best 966 yards and four touchdowns this season. The 28-year-old's 16.9 yards per catch ranked fourth in the NFL and his 11 receptions of 25-plus yards were tied for seventh-most in the league.
In Week 9, Hilton earned his first career AFC Offensive Player of the Week honor for his performance against the Houston Texans. He caught five passes for 175 yards and two touchdowns.
Green finished the season with 75 receptions for 1,078 yards and eight touchdowns.