There is typically a big exhale after the Masters. A decompression period commences for many who competed at the year's first major championship, the run-up having been long and exhausting. Given the time from the final major of the previous year until the Masters, the hype is considerable.
For the past 11 years, the Players Championship has filled the big-tournament void between the Masters and U.S. Open. That will change in 2019 with a significant schedule change that will see the Players move to March and the PGA Championship move from its traditional August date to May.
For now, however, there is another somewhat lengthy period before the next major.