The new sort options within the Team Overview page appear to always default to sort A-Z whenever you visit the team page, regardless of what the sort option was previously set to.
I think the sort feature would be far more useful if instead it retained the last sort option, such as Z-A, which I personally would like to see my projects sorted by since their naming convention begins with a client code.
I think this setting should also be retained on a user level and additionally, the sort order of projects should be reflected in the Team flyout menus of the sidebar.