Hold a New Tournament
Reason: held bi-annually
Events: fencing, throwing (javelins, etc), magical duels and team fighting
Length: two weeks
Awards: first and second place
Top Prizes: enchanted equipment
Betting: unofficial - heavily punished
Other Entertainment: local bards and hired bards
Competitors of interest:
The proud youth who is all talk.
The wandering fighter who proves to be highly honoroble.
The precocious commoner who is suspected of cheating.