Without even looking at the rights of external entities, I'd side-eye any game that wanted to make a profit off of my work. And yes, I'd consider any input I have into the game's canon to be my intellectual property, at least to some extent.
As for logs that I've personally put on a game's wiki or whathaveyou, or if the game itself does when I've knowingly consented to it (ie Ares' scene system): pretty them up and share them around as advertising if you want, I've given those to the game. That's another point. I've given them to the game, not to any individual staff members or the headstaff or the host or anyone else.
Now, as for formatting for the purposes of reading later - regardless of audience - I think most ereaders and all browsers can use some nature of CSS for the formatting of their books.
If you want this to appeal to a wider, specifically non-MU*er audience, then you need to take a look at film novelisations. They take the script, in this case the scene log, and embellish and expand upon things and make slight alterations to the scripted 'reality' to fit the flow of a novel better.
As far as I can see it's a minefield of copyright and IP problems, mixed with a whole bunchload of effort, for no real payoff that I can see.