Schaefer had one of the most perfect playing careers in Lakers and NBA history. He played two professional seasons, both with Minneapolis, and won two championships — in 1949 and 1950. The Lakers were an incredible 19-4 in those two postseasons.
Schaefer, the team’s third-leading scorer in 1949 and a key contributor in 1950, retired after winning his second title and went on to coach the Indianapolis Olympians for the 1951-52 and 1952-53 seasons, reaching the playoffs both years. Each time, his team was swept out of the playoffs, 2-0, by the Lakers.