Hold a New Tournament
Reason: sponsored by an individual
Events: martial arts, fencing and throwing (javelins, etc)
Style: elimination
Length: about a week
Awards: first place and an honorable mention
Top Prizes: small sums of money
Crowd: fairly small
Betting: unofficial - almost encouraged
Other Entertainment: magic shows, a storytelling contest, local bards and musical contest(s)
Competitors of interest:
The jaded warrior who will do anything to win.
The devoted cleric who knows quite a few unorthodox tricks.
The nondescript mercenary who may not be in it to win.