Hold a New Tournament
Reason: held seasonally
Events: magical duels, jousting, fencing, martial arts and races
Style: round robin / points-based
Length: nearly a week
Awards: first place winner(s)
Top Prizes: large sums of money
Crowd: wants to see blood
Other Entertainment: musical contest(s), a storytelling contest and professional hecklers
Competitors of interest:
The tricky rogue who has more wit than skill.
The showy mage who desperately needs the prize.
The local favourite who is a long shot to win.
The wandering fighter who has an ulterior motive for competing.
The mysterious stranger who is frighteningly fast.
The foreign noble who practices an usual style.