diff --git a/Makefile b/Makefile
index 5d865a2347..487ccf615f 100644
--- a/Makefile
+++ b/Makefile
@@ -16,8 +16,8 @@ EXECUTABLES = curl docker gzip go
 #  docker image publishing options
 DOCKER_PUSH?=false
 IMAGE_NAMESPACE?=quay.io/argoproj
-VERSION?=v1.7.0-rc1
-BASE_VERSION:=v1.7.0-rc1
+VERSION?=v1.7.0
+BASE_VERSION:=v1.7.0
 
 override LDFLAGS += \
   -X ${PACKAGE}.version=${VERSION} \
diff --git a/api/openapi-spec/swagger.json b/api/openapi-spec/swagger.json
index 2b7f64aa25..97616d3c11 100644
--- a/api/openapi-spec/swagger.json
+++ b/api/openapi-spec/swagger.json
@@ -2,7 +2,7 @@
   "swagger": "2.0",
   "info": {
     "title": "Argo Events",
-    "version": "v1.7.0-rc1"
+    "version": "v1.7.0"
   },
   "paths": {},
   "definitions": {
diff --git a/manifests/base/kustomization.yaml b/manifests/base/kustomization.yaml
index 8f86aa487b..b13c0cc7c2 100644
--- a/manifests/base/kustomization.yaml
+++ b/manifests/base/kustomization.yaml
@@ -12,7 +12,7 @@ resources:
 
 images:
   - name: quay.io/argoproj/argo-events
-    newTag: v1.7.0-rc1
+    newTag: v1.7.0
 
 patchesStrategicMerge:
   - |-
@@ -27,4 +27,4 @@ patchesStrategicMerge:
             - name: controller-manager
               env:
                 - name: ARGO_EVENTS_IMAGE
-                  value: quay.io/argoproj/argo-events:v1.7.0-rc1
+                  value: quay.io/argoproj/argo-events:v1.7.0
diff --git a/manifests/extensions/validating-webhook/kustomization.yaml b/manifests/extensions/validating-webhook/kustomization.yaml
index da01603882..ed5bf0a5fa 100644
--- a/manifests/extensions/validating-webhook/kustomization.yaml
+++ b/manifests/extensions/validating-webhook/kustomization.yaml
@@ -11,5 +11,5 @@ namespace: argo-events
 
 images:
   - name: quay.io/argoproj/argo-events
-    newTag: v1.7.0-rc1
+    newTag: v1.7.0
 
diff --git a/manifests/install-validating-webhook.yaml b/manifests/install-validating-webhook.yaml
index 1f9e5cac9d..487edf6a51 100644
--- a/manifests/install-validating-webhook.yaml
+++ b/manifests/install-validating-webhook.yaml
@@ -114,7 +114,7 @@ spec:
           valueFrom:
             fieldRef:
               fieldPath: metadata.namespace
-        image: quay.io/argoproj/argo-events:v1.7.0-rc1
+        image: quay.io/argoproj/argo-events:v1.7.0
         imagePullPolicy: Always
         name: webhook
       serviceAccountName: argo-events-webhook-sa
diff --git a/manifests/install.yaml b/manifests/install.yaml
index 1940215f0a..810440ab77 100644
--- a/manifests/install.yaml
+++ b/manifests/install.yaml
@@ -361,12 +361,12 @@ spec:
         - controller
         env:
         - name: ARGO_EVENTS_IMAGE
-          value: quay.io/argoproj/argo-events:v1.7.0-rc1
+          value: quay.io/argoproj/argo-events:v1.7.0
         - name: NAMESPACE
           valueFrom:
             fieldRef:
               fieldPath: metadata.namespace
-        image: quay.io/argoproj/argo-events:v1.7.0-rc1
+        image: quay.io/argoproj/argo-events:v1.7.0
         imagePullPolicy: Always
         livenessProbe:
           httpGet:
diff --git a/manifests/namespace-install.yaml b/manifests/namespace-install.yaml
index 742c0a79fb..a9402bfe57 100644
--- a/manifests/namespace-install.yaml
+++ b/manifests/namespace-install.yaml
@@ -282,12 +282,12 @@ spec:
         - --namespaced
         env:
         - name: ARGO_EVENTS_IMAGE
-          value: quay.io/argoproj/argo-events:v1.7.0-rc1
+          value: quay.io/argoproj/argo-events:v1.7.0
         - name: NAMESPACE
           valueFrom:
             fieldRef:
               fieldPath: metadata.namespace
-        image: quay.io/argoproj/argo-events:v1.7.0-rc1
+        image: quay.io/argoproj/argo-events:v1.7.0
         imagePullPolicy: Always
         livenessProbe:
           httpGet: