Has to be #2, and I'm not even remotely a Wlad fan. Although he might win me over with a few more of those "angry at Haye" post fight interviews.
Joe Calzaghe Champion of the Century! Defeated tomato cans in epic 12 round struggles! A true heart indeed, never backed out of many fights. And always took on most comers!
I don't even mind cover #1. I never read the article, but it was worth considering as a possibility in 2003 as long as you assume the cover was printed before the Corrie Sanders loss. Cover #2 wasn't ever valid. Sort of on topic: Someone once made a hoax cover right after Oscar bought the Ring that was absolutely hilarious. The title had changed to "Oscar's Ring" and in big letters was something like "Is Oscar the greatest fighter to have ever lived?". I wish I could find that cover again because it was classic.