I don't know If this has been suggested before and I didn't want to go digging in the search thing for it. So if it has I'm sorry i wasted your time.
Heres my Idea: when you open up the pvp menu and look at LD two extra buttons are there: Team Tournament and Guild Tournament, when you click on one of the bottons a little options bar opens up under it and gives you an option on how many teams you want: 8, 16 or 32 and a little bit below that is a list on how many people are playing and waiting. When you join a game you are put on a random team and your team is matched up with another and you fight, if you win you go to the next round and you keep on fighting until you are the only one left, If your team has lost you can ether: leave the match or become a spectator and watch any match you want. With guild Tournaments it's the same thing (though I think you might have trouble getting 32 guilds to do a tournament.) When you win your whole team is given an award: 500 cr for 8 players 1000 cr for 16 players and 2000 cr for 32 players.
What do you think?
bumpity bump bump