Rip City's Roy Hibbert dream is dead.

A league source told The Oregonian on Monday that the Indiana Pacers plan to match the Trail Blazers' four-year, $58 million offer sheet with the restricted free agent, stifling Portland's ambitious bid to land a franchise center. The Pacers' decision, first reported by The Indianapolis Star, forces the Blazers to move on to Plan B in free agency, which likely will not be as bold or sexy as a Hibbert signing.

On the dawn of free agency, general manager Neil Olshey said he would aim high in an effort to land a premier free agent and "move the needle" for the "retooling" Blazers. Signing Hibbert, 25 and coming off an All-Star season, would have fulfilled that pledge. But now?