Hold a New Tournament
Reason: celebrating a recent event
Events: archery, team fighting, throwing (javelins, etc), melee fighting and martial arts
Style: round robin / points-based
Length: three days
Awards: first place winner(s)
Top Prizes: expensive equipment (plate mail, etc)
Crowd: fairly small
Betting: official and unofficial
Other Entertainment: musical contest(s), staged exhibitions and parades
Competitors of interest:
The cheerful fighter who has an ulterior motive for competing.
The devoted cleric who is all talk.
The jaded warrior who has little practical skill.