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 afer his short-lived NBA career.