The Sports Illustrated Swimsuit cover is finally out – and Kate Upton is the cover girl for the second year in a row!

Kate’s 2012 cover was one of the biggest selling issues of all time. The magazine won’t be released for another week, but someone has leaked the image online.

It’s a bit of a surprise, given that Upton had her moment in the sun and has since catapulted to more high fashion heights (Vogue, Vogue Italia, V Magazine). There had been speculation that the 2013 Sports Illustrated cover model might be Hannah Davis, girlfriend of Derek Jeter, but looks like those rumors now appear to be false.

In the leaked pic, Upton poses for Sports Illustrated’s 50th anniversary swimsuit issue wearing a furry parka and white bikini bottoms, a photo presumably taken on her Antarctica shoot. If you’ll recall, Kate was seen on a photo shoot in Antarctica wearing nothing but a swimsuit while cozying up to a man dressed in an Oreo costume.

She deserves it…. good for her!

See her 2012 cover (where she’s wearing much, much less)

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