diff --git a/go.mod b/go.mod
index e0a7754a16..444c86ef6e 100644
--- a/go.mod
+++ b/go.mod
@@ -23,9 +23,9 @@ require (
 	knative.dev/caching v0.0.0-20240923134629-abecea6b8cbe
 	knative.dev/eventing v0.42.1-0.20240923135023-641cbb7dffe2
 	knative.dev/hack v0.0.0-20240909014011-fc6a8452af6d
-	knative.dev/pkg v0.0.0-20240924202102-28b58b842f1a
+	knative.dev/pkg v0.0.0-20240926013127-c4843b746d24
 	knative.dev/reconciler-test v0.0.0-20240924141745-1fee6baa20b7
-	knative.dev/serving v0.42.1-0.20240924143639-ca647283a822
+	knative.dev/serving v0.42.1-0.20240925142641-b2954e140750
 	sigs.k8s.io/yaml v1.4.0
 )
 
@@ -154,7 +154,7 @@ require (
 	k8s.io/klog/v2 v2.130.1 // indirect
 	k8s.io/kube-openapi v0.0.0-20240808142205-8e686545bdb8 // indirect
 	k8s.io/utils v0.0.0-20240711033017-18e509b52bc8 // indirect
-	knative.dev/networking v0.0.0-20240917132712-faa7309552e6 // indirect
+	knative.dev/networking v0.0.0-20240923151441-ea902459c96d // indirect
 	sigs.k8s.io/controller-runtime v0.7.2 // indirect
 	sigs.k8s.io/json v0.0.0-20221116044647-bc3834ca7abd // indirect
 	sigs.k8s.io/structured-merge-diff/v4 v4.4.1 // indirect
diff --git a/go.sum b/go.sum
index e3fce4501d..5c3118d857 100644
--- a/go.sum
+++ b/go.sum
@@ -1399,14 +1399,14 @@ knative.dev/eventing v0.42.1-0.20240923135023-641cbb7dffe2 h1:Mju6ncF1Aae3HwZ7HH
 knative.dev/eventing v0.42.1-0.20240923135023-641cbb7dffe2/go.mod h1:CguA8wPeeeED9ZIAJ+NqCo8fGj1W3gkEvTQs7Enk/oo=
 knative.dev/hack v0.0.0-20240909014011-fc6a8452af6d h1:mgROhGJG3+g0SBkaG4Y2HxrIOLN3ZZcN4+IFZla+Zqs=
 knative.dev/hack v0.0.0-20240909014011-fc6a8452af6d/go.mod h1:R0ritgYtjLDO9527h5vb5X6gfvt5LCrJ55BNbVDsWiY=
-knative.dev/networking v0.0.0-20240917132712-faa7309552e6 h1:+l+pAA1zEyqo2690EcEDomHdw5OYR9d4FdlaeAK5cWA=
-knative.dev/networking v0.0.0-20240917132712-faa7309552e6/go.mod h1:hn1SBZE0+jQRFhYhSgtKWcVrQcGkxfNXMxNkO8+ykq4=
-knative.dev/pkg v0.0.0-20240924202102-28b58b842f1a h1:AFR8PmM3le4Uf58XRJzj0Z/ajyCUriqebCk6hyc0M6g=
-knative.dev/pkg v0.0.0-20240924202102-28b58b842f1a/go.mod h1:IQi7fVFvQa6UpNnSpzlAiNPMtTvIj4MHj4vSD/PulCE=
+knative.dev/networking v0.0.0-20240923151441-ea902459c96d h1:eYfqMHN1H989+kxAoVPJAP2U6JUPaHjcjdRCv/YhiR4=
+knative.dev/networking v0.0.0-20240923151441-ea902459c96d/go.mod h1:wcoRzE0hEX8Rn9xjQIxQnreMyq+mOnnGbxHrVeoAo9A=
+knative.dev/pkg v0.0.0-20240926013127-c4843b746d24 h1:NJLvfA38IlzdSxNi5//yEpKeZBPezyQZA4SCcoMjC9o=
+knative.dev/pkg v0.0.0-20240926013127-c4843b746d24/go.mod h1:IQi7fVFvQa6UpNnSpzlAiNPMtTvIj4MHj4vSD/PulCE=
 knative.dev/reconciler-test v0.0.0-20240924141745-1fee6baa20b7 h1:cOWObcgQx26mGKsSnacKgnIOZFqkgVdeGqoVh9QDrRs=
 knative.dev/reconciler-test v0.0.0-20240924141745-1fee6baa20b7/go.mod h1:PXOqfSSDHzaVPXrpEPlxsOSQRIQJGnSrj2IuVQh3Kas=
-knative.dev/serving v0.42.1-0.20240924143639-ca647283a822 h1:1Rw2plnyF/90VH14Ewo2LqoUMK/Ui4If+vcA6LbXVZ0=
-knative.dev/serving v0.42.1-0.20240924143639-ca647283a822/go.mod h1:668vDBizUH/DL5Zn/OjhSw8MkPvcTgRX2J3V9LU2AOE=
+knative.dev/serving v0.42.1-0.20240925142641-b2954e140750 h1:4IuYhAx5nR0vGVnK6LtK52IDGC0DJu8hPEI3pd39jvQ=
+knative.dev/serving v0.42.1-0.20240925142641-b2954e140750/go.mod h1:c8sHx7AQD3kynI1cMLm6g4L/kW0E4wAcWTe9ZWej/y0=
 nhooyr.io/websocket v1.8.6/go.mod h1:B70DZP8IakI65RVQ51MsWP/8jndNma26DVA/nFSCgW0=
 pgregory.net/rapid v1.1.0 h1:CMa0sjHSru3puNx+J0MIAuiiEV4N0qj8/cMWGBBCsjw=
 pgregory.net/rapid v1.1.0/go.mod h1:PY5XlDGj0+V1FCq0o192FdRhpKHGTRIWBgqjDBTrq04=
diff --git a/vendor/knative.dev/pkg/webhook/webhook.go b/vendor/knative.dev/pkg/webhook/webhook.go
index e05c6f041e..1b90e75fca 100644
--- a/vendor/knative.dev/pkg/webhook/webhook.go
+++ b/vendor/knative.dev/pkg/webhook/webhook.go
@@ -81,6 +81,10 @@ type Options struct {
 	// before shutting down.
 	GracePeriod time.Duration
 
+	// DisableNamespaceOwnership configures whether the webhook adds an owner reference for the SYSTEM_NAMESPACE
+	// Disabling this is useful when you expect the webhook configuration to be managed by something other than knative
+	DisableNamespaceOwnership bool
+
 	// ControllerOptions encapsulates options for creating a new controller,
 	// including throttling and stats behavior.
 	ControllerOptions *controller.ControllerOptions
diff --git a/vendor/modules.txt b/vendor/modules.txt
index 5ecf0fe0b1..1771c0f270 100644
--- a/vendor/modules.txt
+++ b/vendor/modules.txt
@@ -1454,7 +1454,7 @@ knative.dev/eventing/test/upgrade/prober/wathola/sender
 # knative.dev/hack v0.0.0-20240909014011-fc6a8452af6d
 ## explicit; go 1.21
 knative.dev/hack
-# knative.dev/networking v0.0.0-20240917132712-faa7309552e6
+# knative.dev/networking v0.0.0-20240923151441-ea902459c96d
 ## explicit; go 1.22.0
 knative.dev/networking/pkg
 knative.dev/networking/pkg/apis/networking
@@ -1471,7 +1471,7 @@ knative.dev/networking/pkg/http/proxy
 knative.dev/networking/pkg/http/stats
 knative.dev/networking/pkg/ingress
 knative.dev/networking/pkg/k8s
-# knative.dev/pkg v0.0.0-20240924202102-28b58b842f1a
+# knative.dev/pkg v0.0.0-20240926013127-c4843b746d24
 ## explicit; go 1.22.0
 knative.dev/pkg/apiextensions/storageversion
 knative.dev/pkg/apiextensions/storageversion/cmd/migrate
@@ -1580,7 +1580,7 @@ knative.dev/reconciler-test/pkg/resources/service
 knative.dev/reconciler-test/pkg/resources/serviceaccount
 knative.dev/reconciler-test/pkg/state
 knative.dev/reconciler-test/resources/certificate
-# knative.dev/serving v0.42.1-0.20240924143639-ca647283a822
+# knative.dev/serving v0.42.1-0.20240925142641-b2954e140750
 ## explicit; go 1.22.0
 knative.dev/serving/pkg/apis/autoscaling
 knative.dev/serving/pkg/apis/autoscaling/v1alpha1