Hold a New Tournament
Reason: held monthly
Events: martial arts, jousting and races
Length: one week
Awards: first place and an honorable mention
Top Prizes: moderate sums of money
Crowd: mostly intoxicated
Betting: unofficial - heavily punished
Other Entertainment: magic shows, acrobats and jugglers and local bards
Competitors of interest:
The menacing sorceror who has already made a few enemies.
The gangly youth who proves to be highly honoroble.
The disgraced noble who is frighteningly fast.
The arrogant knight who has good odds to win.