Looks good. It would be good to see it on a shirt also

This is a really cool idea, and is much better than version 1! I would just recommend fixing some of the colors/lines a bit. For example, you could maybe do without the gray in the shield, and you could also either get rid of the darker green on the W or use it in other places. (perhaps to give the wolf some shading?) Also, the white lines along the back of the wolf and by his snout/eye seem unnecessary to me.
But otherwise, I really like this! The shape of the shield is nice and the wolf looks cool.