Yup, last place I was at I had engineers begging me (PM) to advocate against this, because leadership was all "We're going to form a SEAL team to blaze out [exciting, interesting, new, fun idea/s]. Another team will be on bug fixes."

My team had a bunch of stability work, and bug fixes (and there was a lot of bugs and a lot of tech debt, and very little organizational enthusiasm to fix the latter).

Guess where there morale was, compared to some of the other teams?