Hold a New Tournament
Reason: held monthly
Events: jousting, team fighting, fencing, melee fighting and martial arts
Style: round robin / points-based
Length: one day
Awards: first, second and third place
Top Prizes: unusual artifacts
Crowd: fairly small
Betting: official and unofficial
Other Entertainment: staged exhibitions and musical contest(s)
Competitors of interest:
The showy mage who is very good.
The hulking barbarian who has quite a few fans.
The menacing sorceror who has more wit than skill.
The foreign noble who proves to be highly honoroble.
The mysterious stranger who is all talk.
The flirtatious bard who came from nowhere.