A system for use in repairing a soft tissue or bone defect, comprising: a plurality of sizing guides each having a base with a different perimeter size and a plurality of cannulated guide shafts (50, 54) extending from one side of the base opposite a bone engaging side of the base, the base defining a plurality of apertures (58, 62) aligned with the plurality of cannulated guide shafts, the plurality of apertures and cannulated guide shafts adapted to receive a plurality of guide wires adapted to be removably fixed to a first bone associated with the defect; a plurality of perimeter cutting devices each having a base with a perimeter size corresponding to the perimeter size of the base of a respective one of the plurality of sizing guides, each base of the plurality of perimeter cutting devices having a cutting edge on a perimeter thereof and defining a plurality of apertures corresponding in location to the plurality of apertures in each base of the plurality of sizing guides such that the plurality of perimeter cutting devices are adapted to be slidably received on and guided by the plurality of guide wires; a cutting member adapted to be separately slidably received over at least one of the plurality of guide wires to form a pocket in the first bone relative to the defect; a cutting member guide (150, 248) configured to be received over the plurality of guide wires and having at least one aperture configured to receive a portion of the cutting member therein; and a plurality of implants each having a perimeter size and shape corresponding to the base of a respective one of the perimeter cutting devices, the plurality of implants adapted to be implanted into the pocket formed in the first bone; wherein the plurality of apertures in the bases of the plurality of sizing guides and perimeter cutting devices are spaced apart by a predetermined distance, the predetermined distance being the same in each of the plurality of sizing guides and perimeter cutting devices. a plurality of sizing guides each having a base with a different perimeter size and a plurality of cannulated guide shafts (50, 54) extending from one side of the base opposite a bone engaging side of the base, the base defining a plurality of apertures (58, 62) aligned with the plurality of cannulated guide shafts, the plurality of apertures and cannulated guide shafts adapted to receive a plurality of guide wires adapted to be removably fixed to a first bone associated with the defect; a plurality of perimeter cutting devices each having a base with a perimeter size corresponding to the perimeter size of the base of a respective one of the plurality of sizing guides, each base of the plurality of perimeter cutting devices having a cutting edge on a perimeter thereof and defining a plurality of apertures corresponding in location to the plurality of apertures in each base of the plurality of sizing guides such that the plurality of perimeter cutting devices are adapted to be slidably received on and guided by the plurality of guide wires; a cutting member adapted to be separately slidably received over at least one of the plurality of guide wires to form a pocket in the first bone relative to the defect; a cutting member guide (150, 248) configured to be received over the plurality of guide wires and having at least one aperture configured to receive a portion of the cutting member therein; and a plurality of implants each having a perimeter size and shape corresponding to the base of a respective one of the perimeter cutting devices, the plurality of implants adapted to be implanted into the pocket formed in the first bone; wherein the plurality of apertures in the bases of the plurality of sizing guides and perimeter cutting devices are spaced apart by a predetermined distance, the predetermined distance being the same in each of the plurality of sizing guides and perimeter cutting devices.