Lets take a look at those numbers....

12 players per team, at least 4 teams to start the tournament, at least 48 players needed to start that tournament. Currently 352 rooks and above. Minus the rooks and above which are not active, you get 335. Most knights that play in team tournament are probable already on a team, so probable will not be able to join this one. So basicly, about 15% of the active available players, or about 1 out of 7 rooks and above will have to join to make this tournament possible.

(and if you remove the rooks and above who are not even in any fellowships, that will also change the numbers.)

Oh yea, it was not my idea in case anyone was wondering. :-)