I don't know that ploys like this will work with Epstein. He's always been pretty adamant about doing what he feels is best for the team, not what is popular. And given the fact that he just won the World Series, he's got a lot more leeway than ever.
If Steinbrenner offers Pedro more money than he should, I expect Pedro to swing over to the Yankees. But other than that, I think that Pedro's going to the NL, maybe someplace sunny like San Diego or Miami or even Atlanta.