Complex sentence: Today, "intramural" tournaments are still organized within a specific community or municipal area, between teams of equivalent age or athletic ability, while "extramural" or varsity games would be played by teams from different gographic regions or towns.
Split into simpler sentences: Today, "intramural" tournaments are still organized within a specific community or municipal area, between teams of equivalent age or athletic ability. As for "extramural" or varsity games, these would be played by teams from different geographic regions or towns.