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Jay Jacobs addresses the crowd during the End Child Hunger press conference at the Boys & Girls Club of Auburn. (Wade Rackley/Auburn Athletics)

AUBURN, Alabama -- Auburn allocated $8,779,544 for the buyouts of Gene Chizik and the rest of his staff, according to the Auburn University Financial Report for the 2012-2013 fiscal year.

Before Chizik's assistants were hired at other schools, Auburn was initially on the hook for $11.09 million, but the number went down as those assistants were hired at other schools.

Chizik, who received a $7.5 million dollar buyout for the remaining years on his contract, is still being paid in monthly installments of $209,457.84, according to Alabama Open Financial Records, and will continue to be paid through the 2015-2016 fiscal year.

The final three assistants -- Scot Loeffler, Brian VanGorder and Trooper Taylor -- came off the books this year. VanGorder received his final payment in March, and Loeffler and Taylor received theirs on June 30, the end of the fiscal year.

Even though the buyouts extend beyond the 2012-13 fiscal year, the initial figure was listed in the contracts payable portion of Tigers Unlimited's part of the Report, meaning the figure hit the books even if the money still had to be paid, according to Auburn athletic director Jay Jacobs.

An athletic department spokesman confirmed that the nearly $8.8 million came only from football buyouts.

No football coaches will be listed on the report for the 2013-14 fiscal year, although it will likely include the $2.4375 million buyout for basketball coach Tony Barbee.

Tigers Unlimited is the non-profit fundraising arm of the Auburn athletic department, but the funds indicated in Auburn University's Financial Report for 2013 only indicate a portion of the entire athletic budget.

Auburn reported an operating deficit of $865,994 last year, but the department drew on reserves of more than $15 million to cover the deficit, and the reserve remains at around $15 million.