diff --git a/manifests/v2/third-party/jobset/kustomization.yaml b/manifests/v2/third-party/jobset/kustomization.yaml
index 6722d86e97..f6b9a377cb 100644
--- a/manifests/v2/third-party/jobset/kustomization.yaml
+++ b/manifests/v2/third-party/jobset/kustomization.yaml
@@ -2,7 +2,12 @@ apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 
 resources:
-  - https://github.com/kubernetes-sigs/jobset/releases/download/v0.7.2/manifests.yaml
+  - https://github.com/kubernetes-sigs/jobset/releases/download/v0.7.3/manifests.yaml
+
+# Update the JobSet manager image tag.
+images:
+  - name: gcr.io/k8s-staging-jobset/jobset
+    newTag: v0.7.3
 
 # Config for the JobSet manager.
 # TODO (andreyvelich): Remove this when this is released: https://github.com/kubernetes-sigs/jobset/issues/720