Hold a New Tournament
Reason: held annually
Events: magical duels and jousting
Style: round robin / points-based
Length: one day
Awards: first and second place
Top Prizes: moderate sums of money
Betting: unofficial - discouraged
Other Entertainment: trained animals, local bards, acrobats and jugglers and musical contest(s)
Competitors of interest:
The mysterious stranger who proves to be highly honoroble.
The foreign savage who may not be in it to win.
The musclebound brute who has little practical skill.
The cheerful fighter who is a long shot to win.
The flirtatious bard who is rumored to not always fight fair.