Green, who was cheekily wearing a Rangers top, was given his soaking in the grounds of his French chateau.
The challenge was issued by former Ibrox keeper Allan McGregor earlier this week.
Green then nominating Celtic chief executive Peter Lawwell to undergo the same ice bucket challenge, in the video, which as posted on YouTube, as part of the online phenomenon.
Sky Sports presenter Jim White was also nominated by Green.
The money raised by the challenges goes to the Motor Neurone Disease Association.
Former Rangers star Fernando Ricksen has been diagnosed with the condition.