Jiraiya Still Alive?

I think he is ,  1st of all, He used sage mode as it the frog said to naruto u start to become a frog so its imposible he drowned plus through all hes been through really he would die there... , 2nd ill expect him to come back in boruto and train him, 3rd nagato stated that he revied the people in the leaf he killed that day so there might be a chance that he is dead, 4th of all this video is not a spoiler

Jiraiya is dead as hell. Jiraiya did not die the same day Nagato revived the Leaf. Kabuto himself stated that the reason he couldn't revive Jiraiya using the Edo Tensei against the Alliance for the 4th Shinobi War was because Jiraiya's body drifted out into open water, thus unable to make a contract using Jiraiya's DNA. He lost one of his arms, and received brutal beatings; injuries and lose of blood alone would have killed him, even if one user can not drown in Sage Mode. Though I am pretty sure that is false info regarding a Sage user unable to drown.
Whether we like it or not, he is gone..

it'll be awesome if he lived though