diff --git a/CHANGELOG.md b/CHANGELOG.md
index 427c7cd884..c1e78cbed0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## 1.7.1
+
+### Various fixes & improvements
+
+- Skip malformed baggage items (#1491) by @robyoung
+
 ## 1.7.0
 
 ### Various fixes & improvements
diff --git a/docs/conf.py b/docs/conf.py
index b3eb881196..3316c2b689 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -29,7 +29,7 @@
 copyright = "2019, Sentry Team and Contributors"
 author = "Sentry Team and Contributors"
 
-release = "1.7.0"
+release = "1.7.1"
 version = ".".join(release.split(".")[:2])  # The short X.Y version.
 
 
diff --git a/sentry_sdk/consts.py b/sentry_sdk/consts.py
index 7ed88b674d..437f53655b 100644
--- a/sentry_sdk/consts.py
+++ b/sentry_sdk/consts.py
@@ -102,7 +102,7 @@ def _get_default_options():
 del _get_default_options
 
 
-VERSION = "1.7.0"
+VERSION = "1.7.1"
 SDK_INFO = {
     "name": "sentry.python",
     "version": VERSION,
diff --git a/setup.py b/setup.py
index ed766b6df5..d06e6c9de9 100644
--- a/setup.py
+++ b/setup.py
@@ -21,7 +21,7 @@ def get_file_text(file_name):
 
 setup(
     name="sentry-sdk",
-    version="1.7.0",
+    version="1.7.1",
     author="Sentry Team and Contributors",
     author_email="hello@sentry.io",
     url="https://github.com/getsentry/sentry-python",