diff --git a/docs/conf.py b/docs/conf.py
index 21eb8e30c..daf7de6cc 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -16,7 +16,7 @@
 project = 'Python SDK reference'
 copyright = '2025, Labelbox'
 author = 'Labelbox'
-release = '7.16.0'
+release = '7.17.0'
 
 # -- General configuration ---------------------------------------------------
 
diff --git a/libs/labelbox/CHANGELOG.md b/libs/labelbox/CHANGELOG.md
index 6c4356455..55c74b46c 100644
--- a/libs/labelbox/CHANGELOG.md
+++ b/libs/labelbox/CHANGELOG.md
@@ -1,4 +1,13 @@
 # Changelog
+# Version 7.17.0 (2026-10-22)
+## Added
+* Add `Project.clear_queue_reservations()`, which clears every reservation in one task queue of a project, the same as **Clear all reservations** on the Queue tab. Holders lose their rows and any unsaved work on them; no labels are deleted and no data rows are moved. Returns the number of reservations cleared ([#2087](https://github.com/Labelbox/labelbox-python/pull/2087), [#2090](https://github.com/Labelbox/labelbox-python/pull/2090))
+* Add `UserGroup.add_members()`, `UserGroup.remove_members()` and `UserGroup.list_members()`, which change or read a group's members without replacing the whole group the way `update()` does ([#2091](https://github.com/Labelbox/labelbox-python/pull/2091))
+* Add `UserGroup.audit_events()` and `UserGroup.get_audit_events()`, which read who added or removed group members and attached or detached projects, for one group or every group you can manage ([#2091](https://github.com/Labelbox/labelbox-python/pull/2091))
+* Add `UserGroupAuditEvent`, `UserGroupAuditEventType`, `UserGroupAuditActorKind` and `UserGroupAuditChannel` ([#2091](https://github.com/Labelbox/labelbox-python/pull/2091))
+## Changed
+* `LabelVersion.annotation_count` is documented to count annotations as the editor and exports do: each top-level object and classification, with answers and nested classifications counted as part of their parent ([#2089](https://github.com/Labelbox/labelbox-python/pull/2089))
+
 # Version 7.16.0 (2026-10-20)
 ## Added
 * Add `Project.label_versions()`, `Label.versions()` and `Client.get_label_version()`, which read a label's recorded versions: one per hand-off (submit, save, review approve or reject, rework), with who made it, when, at which workflow step, and the annotations at that moment. Versions are recorded once label version history is enabled for the project ([#2086](https://github.com/Labelbox/labelbox-python/pull/2086))
diff --git a/libs/labelbox/pyproject.toml b/libs/labelbox/pyproject.toml
index 901e3a88e..8b1ea6c38 100644
--- a/libs/labelbox/pyproject.toml
+++ b/libs/labelbox/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "labelbox"
-version = "7.16.0"
+version = "7.17.0"
 description = "Labelbox Python API"
 authors = [{ name = "Labelbox", email = "engineering@labelbox.com" }]
 dependencies = [
diff --git a/libs/labelbox/src/labelbox/__init__.py b/libs/labelbox/src/labelbox/__init__.py
index 59e82164d..7da8d2300 100644
--- a/libs/labelbox/src/labelbox/__init__.py
+++ b/libs/labelbox/src/labelbox/__init__.py
@@ -1,6 +1,6 @@
 name = "labelbox"
 
-__version__ = "7.16.0"
+__version__ = "7.17.0"
 
 from labelbox.client import Client
 from labelbox.schema.annotation_import import (