Hold a New Tournament
Reason: held seasonally
Events: throwing (javelins, etc), magical duels, fencing and martial arts
Style: round robin / points-based
Length: nearly a week
Awards: first and second place
Top Prizes: large sums of money
Betting: unofficial - tolerated
Other Entertainment: a storytelling contest, hired bards and local bards
Competitors of interest:
The hulking barbarian who came from nowhere.
The tricky rogue who has more wit than skill.
The flirtatious bard who desperately needs the prize.
The precocious commoner who is surprisingly agile.