وَإِنْ ذَبَحَ الْمُحْرِمُ صَيْدًا فَذَبِيحَتُهُ مَيْتَةٌ لَا يَحِلُّ أَكْلُهَا.
Translation: If the person in ihram slaughters game, the resulting carcass is treated as carrion and may not be eaten.
The text now considers edibility, not just compensation. Game slaughtered by the person in ihram is treated as carrion and is not lawful to eat.
This must be distinguished from slaughtering ordinary domestic livestock.
Paying the game penalty is not a means of converting this specific slaughtered animal into lawful meat; the two issues are separate.