Hold a New Tournament
Reason: held annually
Events: magical duels and melee fighting
Style: round robin / points-based
Length: two weeks
Awards: first and second place
Top Prizes: unusual artifacts
Crowd: has an influence on the judges
Betting: unofficial - tolerated
Other Entertainment: magic shows, local bards, trained animals and professional hecklers
Competitors of interest:
The mysterious stranger who is suspected of cheating.
The devoted cleric who is a long shot to win.
The tricky rogue who has quite a few fans.
The determined youth who has more wit than skill.
The proud youth who knows quite a few unorthodox tricks.
The menacing sorceror who has little practical skill.
The wandering fighter who has already made a few enemies.