Eliezer "Ely" O. Capacio (March 14, 1955 – February 23, 2014) was a Filipino basketball player, coach and executive. Born in Palo, Leyte, Philippines, he played a total of eight seasons as a forward-center for the Tanduay Rhum Makers from 1979 to 1986, averaging 5.9 points and 5.5 rebounds in a total of 324 games. The team won two championships during the 1986 PBA season.
The 6-4 center-forward was a veteran of the 1975 and 1977 Asian Basketball Confederation (ABC) championships and the 1977 SEA games. Capacio was a member of the MICAA mythical selection in 1976 and was part of the YCO Painters champion team in 1979, before joining the pro ranks.
After he retired from active playing, Capacio became part of the Tanduay coaching staff of Arturo Valenzona. When the Rhum Makers got eliminated in the second conference of the 1987 PBA season, Valenzona was replaced and moved over to the Hills Bros. camp, Capacio succeeded Valenzona on the Tanduay bench. Capacio was assistant coach to new team Purefoods Hotdogs from 1988-1990.
Towards the second round of the 1991 PBA First Conference semifinals, Capacio succeeded Baby Dalupan as Purefoods coach when "The Maestro" decided to quit after differences with the management. The following conference, coach Capacio led the franchise to its first ever PBA All-Filipino Conference championship. The next two conferences, the Hotdogs failed to make it past the eliminations. Capacio was replaced by Domingo Panganiban, who acted as coach and team manager of the team starting the 1992 PBA All-Filipino Conference.
The Philippine Basketball Association then hired him as league chairman in 2005. He was vice president for human resources of Purefoods at the time of his death and would have served a second term as chair of the PBA board in the 2014–15 season.