What happened: @MatteMoretto first reported the negotiations. Houston acquired Duncan McGuire earlier this summer, and he is now the starting center forward.
Why it matters: A completed transfer would formalize Houston's change at No. 9 while returning Ponce to a club he previously represented. It would also move a former club-record acquisition off the Dynamo roster during the MLS regular season.
By the numbers: Ponce scored seven goals in 50 matches during his previous Elche spell, one goal per 7.1 appearances.
What to watch: The clubs still need to complete the deal and confirm the final terms.