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Every man’s favorite part of the year is here, the time when the Sport’s Illustrated Swimsuit edition is launched and this year’s all-American cover girl has everyone with jaws agape.  

PHOTOS: The 411 On Kate Upton: The Hottest Swimsuit Model Ever

19-year-old Kate Upton was the picture of perfection as she arrived at the New York City launch party for the 2012 Swimsuit Edition of Sports Illustrated. The ravishing blonde wore a tight red dress on the red carpet and stopped to pose for a few photos with New York Giants Wide Receiver Victor Cruz.

The two posed playfully on the red carpet, but with a room full of swimsuit model eye candy filling the venue, we sure doubt Victor could choose just one.

PHOTOS: Kate Upton: 2012 Sports Illustrated Swimsuit Edition Cover Girl Revealed!!

Last year’s cover girl Irina Shayk was also on hand to celebrate her successor’s gain of her former title. Also on hand was Adam Levine’s girlfriend Anne V., John Legend’s fiancé Chrissy Teigen and a slew of the most acclaimed models in the industry.

Check out the gallery above to witness the red carpet eye candy of the night.