Hold a New Tournament
Reason: celebrating a recent event
Events: jousting, archery, team fighting, martial arts and melee fighting
Style: round robin / points-based
Length: one day
Awards: first and second place
Top Prizes: small sums of money
Other Entertainment: staged exhibitions, acrobats and jugglers and a storytelling contest
Competitors of interest:
The tricky rogue who may not be in it to win.
The jaded warrior who is a long shot to win.
The cheerful fighter who has many rivals.
The arrogant knight who proves to be highly honoroble.