Hold a New Tournament
Reason: festival
Events: fencing, melee fighting and team fighting
Style: round robin / points-based
Length: several days
Awards: first place and an honorable mention
Top Prizes: largely symbolic (trophies, etc)
Crowd: will applaud any good effort
Betting: official - rigged odds
Other Entertainment: parades, staged exhibitions and acrobats and jugglers
Competitors of interest:
The gangly youth who is very good.
The determined youth who is a long shot to win.
The arrogant knight who will do anything to win.
The nondescript mercenary who is suspected of cheating.