Bud did not qualify for the Masters. He is having a vey good year and will keep his card easily. It would not surprise me if he wins a tournament this year.
The qualifications for the Masters are hard for me to follow but the top 50 on the PGA money list make it, a certain number of the top players in the world ranking make it, recent major winners and all past Masters winners. I'm sure I left something out. Bud is ranked 53 on the money list after a top 10 today. The cut off was two weeks ago I believe so he was not as close as it appears.
This link has a list of all players who will play at The Masters.
Click here for link