Punisher (Garth Ennis MAX version)
Cage fight to the death (or KO to Wolverine), Punisher has an 8 inch blade and Wolverine can use his claws,
I think Wolverine would win but this version of the Punisher has taken a lot of damage and still been able to fight effectively. Getting shotgunned through his windscreen, then hitting a tree and still beating Barracuda. Taking a buck shot at close range to his floating ribs and then beating a man to death. That sort of thing. So while I think Wolverine probably has this one how do you guys think it would go down?