Carl Edgel Shaeffer (October 25, 1924 – October 25, 1974) was an American professional basketball player. He played for the Indianapolis Olympians in the National Basketball Association between 1949–50 and 1950–51 after a collegiate career at the University of Alabama. Shaeffer was Alabama's first-ever professional basketball player. He became a businessman in Indianapolis, Indiana after his short-lived NBA career.
Shaeffer served in the United States Army during World War II and was taken prisoner of war by German forces in Belgium on January 18, 1945. Initially reported missing in action, he was later found to be a prisoner and was released at the end of the war. Following his basketball career, Shaeffer operated a tavern in Brookston, Indiana. He committed suicide by shooting himself on his 50th birthday in 1974.
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