They both wake up in individual cages on a remote island! Kraven the hunter and some goons are there to tell Cat and Wolvie that they are going to be hunted (ala "The Deadliest Game")
Wolverine and the Cat are then dropped from their cages and so begins the "hunt"! The two work together to stay alive, all the while trading quips, barbs, and insults!
One by one the hunters are defeated, and it turns out Kraven was a robot! So who is it that is pulling the strings? None other than Arcade (and White Rabbit!)