Board Thread:Theories and Speculation/@comment-995176-20161123061207/@comment-734582-20161124101718

Ravenlot 27 wrote: C`mon, just accept that Jiraya is officially dead. Okay, Obito came back, but officially, he was also dead until Tobi's broken mask proved otherwise. Technically Obito was left dying and presumed dead from the collapse. Jiraiya on the other hand had his throat crushed, had Black Rods embedded so he couldn't perform Ninjutsu if he could, and was already at his limit when he returned. He also both acknowledges that facing Pain would almost certainly kill him and makes a clear symbolic reference to his own death with the whole "next chapter" internal monologue.

The last thing we see of Jiraiya's body is sinking, impaled and bleeding, into the abyss. The last thing we saw of Obito in the flashback, was that he was alive.