Hold a New Tournament
Reason: held annually
Events: archery and fencing
Length: five days
Awards: first place and an honorable mention
Top Prizes: good equipment (armor, etc)
Crowd: fairly small
Betting: unofficial - heavily punished
Other Entertainment: magic shows, parades, staged exhibitions and acrobats and jugglers
Competitors of interest:
The mysterious stranger who is fiercly competetive.
The menacing sorceror who is surprisingly agile.
The hulking barbarian who has already made a few enemies.
The nondescript mercenary who knows quite a few unorthodox tricks.
The musclebound brute who is suspected of cheating.